Debt Servicing to Hit N10.43trillion

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The Federal Government has projected that debt servicing will cost N10.43trillion by 2025.

According to the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper, this represents 182.66 per cent increase from the N3.69trillion budgeted for debt service in 2022.

Written by: Helen Obih

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Ex rebel Fighter Sworn-in as Colombia’s President

Colombia has sworn in Gustavo Petro, former rebel fighter, as its first left-wing President. Petro, who took his oath of office in Bogota’s Bolivar Plaza on Sunday, pledged to unite the polarized Country in the fight against inequality, and achieve peace with rebel groups and crime gangs. The President promised to revive scuppered peace negotiations with the National Liberation Army rebels.

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