FG disagrees with World Bank over H1 124% debt servicing/revenue ratio

File photo: A tomato market in Lagos.
File photo: A tomato market in Lagos. Photo: Ayorinde Ogundele / CC BY-SA 4.0, via Wikimedia Commons

The bank in its recent Nigeria Development Update (NDU) reported that federal government debt servicing was 124 percent above its revenue.

The bank in its recent Nigeria Development Update (NDU) reported that federal government debt servicing was 124 percent above its revenue.

Source: Vanguard. This is a short extract from the published report. Read the full story at the original site:

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