FG's debt service gulps 99% of revenue in 6 months

FG’s debt service gulps 99% of revenue in 6 months

Nigerians raise concern over growing debt amid improved revenue claim

The federal government deployed almost all of its revenues generated within the first half of the year - 99 per cent - to service debt, the budget office stated on Monday. Figures show that between January and June 2023, the total retained revenue of the federal government totalled N4.06 trillion

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