Nearly half of FG's budget went to debt servicing
According to data from the CBN, nearly half (47%) of the Federal Government's spending in the first nine months of 2024 went to paying off debts.
The government spent N8.94 trillion on debt payments during this period, which is 56.8 per cent more t
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Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.
