Nigeria’s debt servicing gulps N8.93trn in 9 months

Sunnewsonline | 05-09-2025 04:42pm |

By Chinwendu Obienyi The Federal Government spent a whopping N8.93 trillion (about $6.2 billion) on debt servicing between January and September 2024, representing 61 per cent of the N14.55 trillion revenue generated during the period. This was contained in the budget implementation report obtained by Daily Sun. The figure surpassed both quarterly and cumulative targets,

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