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Topic: Nigeria Spends N11.8trn, $8.2bn On Debt Servicing In 7 Years  (Read 1162 times)

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Nigeria Spends N11.8trn, $8.2bn On Debt Servicing In 7 Years
« on: July 05, 2022, 07:09:39 am »
Nigeria Spends N11.8trn, $8.2bn On Debt Servicing In 7 Years

As Nigeria’s debt stock continues to rise amidst worries by analysts on the sustainability of the country’s debt, a total of N11.784 trillion and $8.168 billion has been spent over the last seven years to service both domestic and external debt obligations respectively, data from the Debt Management Office (DMO) collated by LEADERSHIP has shown. […]

Source: Nigeria Spends N11.8trn, $8.2bn On Debt Servicing In 7 Years

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