Nigerian Government to spend 62% revenue on CBN debt repayment by 2027

Pages: [1] Go Down

Topic: Nigerian Government to spend 62% revenue on CBN debt repayment by 2027 - World Bank (Read 883 times)

0 Members and 1 Guest are viewing this topic.

Nigerian Government to spend 62% revenue on CBN debt repayment by 2027 - World Bank

« on: January 03, 2023, 07:01:35 AM »

Nigerian Government to spend 62% revenue on CBN debt repayment by 2027 - World Bank

Recent projections from the World Bank have shown that by 2027, the Nigerian government may be using about 62 percent of its revenue to repay interests on the Federal Government’s borrowing from the Central Bank of Nigeria despite the restructuring plan.
Source: Nigerian Government to spend 62% revenue on CBN debt repayment by 2027 - World Bank

- gist culled from pulseng

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
MTN approaches CBN for early repayment of $600m debt – Report Started by clowntom Newspaper Board	0 Replies 1438 Views	August 05, 2015, 07:01:09 PM by clowntom
Nigeria, Angola turn to World Bank for help as oil revenue slides Started by olutee Newspaper Board	0 Replies 1743 Views	February 02, 2016, 01:01:05 PM by olutee
Strengthening IGR, critical to increasing non-oil revenue in Nigeria – World Bank Started by clowntom Newspaper Board	0 Replies 1229 Views	November 27, 2018, 07:04:59 PM by clowntom
World Bank tells Ghana to improve domestic revenue to achieve Ghana Beyond Aid Started by PulseNG General News	0 Replies 5523 Views	December 14, 2019, 01:01:45 AM by PulseNG
DMO decries Nigeria’s debt servicing to revenue ratio Started by observer Newspaper Board	0 Replies 1096 Views	March 15, 2021, 01:00:59 PM by observer
Africa Revenue Summit (AFRES2021) to highlight strategies to drive revenue growth in a post Covid world Started by PulseNG General News	0 Replies 2406 Views	April 30, 2021, 07:01:48 AM by PulseNG
LCCI: Spending 98% of FG’s Revenue on Debt Service Worrisome Started by thisday Newspaper Board	0 Replies 972 Views	August 09, 2021, 07:09:44 PM by thisday
Low-income countries’ debt rises to $850bn in 2020 -World Bank report Started by olutee Newspaper Board	0 Replies 2368 Views	October 12, 2021, 01:00:51 PM by olutee
Africa's debt sustainability in jeopardy - World Bank Started by PulseNG General News	0 Replies 971 Views	May 31, 2023, 01:00:43 AM by PulseNG
N121.67tn Debt: SERAP Petitions Inspection Panel to Hold World Bank to Account Started by thisday Newspaper Board	0 Replies 948 Views	June 25, 2024, 01:02:25 AM by thisday