Federal Government spends N1.33 billion

09/30/2022 10

Reports say the federal government spent N1.33 trillion to service domestic debts in the first half of 2022.

According to data released by the Debt Management Office , this represents an increase of 42.5% compared to N935.46 billion spent in the corresponding period of 2021.

When compared to the second half of 2021, domestic debt service increased by 19.2% from N1.19 trillion.

Written by: bossgmsi

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