Debt Servicing Costs May Crowd Out CapEx, Devt-Related Spending

...As Nigeria’s Domestic Debt Stock Rises To N70.4trn Nigeria’s growing debt burden is increasingly raising concerns over its impact on capital expenditure (CapEx) and overall fiscal sustainability, especially as debt servicing costs are projected to climb further in 2025. Nigeria’s local debt servicing has become burdensome on the country’s fiscal operations, reflecting deeper structural challenges [...]

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