Finding a Way Out of Nigeria’s High Debt Costs

September 27, 2021

Public debt stock was N35.465 trillion or 21.92% Gross Domestic Product (GDP) at the end June 2021

It is not clear what we should make of the well-established fact that interest payments on debt are perennially consuming nearly 100 percent of the revenue available to the Federal Government of Nigeria. There is currently no consensus on the way forward. This piece simplifies the issues and points

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