Tag Archives: FG panics and debt servicing gulps 91% of nation revenue

August, 2021

• 30 August

  FG panics and debt servicing gulps 91% of nation revenue

  

  The Federal government spent N2.02tn on debt servicing in the first six months of this year. This figure represents 90.58 per cent of the total revenue of N2.23tn generated by the federal government within the period, a development which experts said signified a dangerous trend for the economy. Technical Adviser to the Director General of the Budget Office, Alfred Okon, ...

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