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

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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

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