Debt Servicing Gulps N6.16trillion in 16 months

09/19/2022 10

Debt service gulped N6.16tn in 16 months.

This is according to the 2023-2025 Medium Term Expenditure Framework & Fiscal Strategy Paper.

It revealed that in 2021, the Federal Government spent N4.22trillion on debt service, and N1.94trillion between January and April 2022.

Written by: Helen Obih

Rate it

Entertainment News

Justin and Hailey Bieber’s Home Violated by Trespasser

Police arrested a trespasser at Justin and Hailey Bieber's home last weekend. Reports say the Security Team spotted a guy who broke into the backyard in an exclusive gated Los Angeles community. He was spotted hanging out by the couple's BBQ, and took off running when the security approached him. Justin and Hailey were not home as they were away on vacation.

09/19/2022 12