Business

Debt Servicing to Hit N10.43trillion

today08/08/2022 34

Background
share close

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

Rate it

Previous post

World

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.

today08/08/2022 16

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!