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FG Expends 89% Of Revenue On Debt Servicing In 11 Months
A total of N3.10 trillion was spent by the Federal Government on debt servicing for the 11 months (January- November) 2020. This is out of its N3.48 trillion retained revenue for the same period. It puts Nigeria’s debt-to-revenue ratio — A key measure of debt sustainability, at 89 per cent […]
