According to the planned budget for 2023, the Federal Government has proposed to spend N4.5 trillion on interest payments on the domestic debt by 2023. In comparison to the N1.31 trillion projected allocation for interest on domestic debt in 2016, this represents a rise of 243.51%. The President, Major General Muhammadu Buhari (ret. ), emphasized … Continue reading Nigeria’s Domestic Debt Charges Increases By 244%