Nigerian govt likely to spend 93% of revenue on interest in 2022 ―IMF
International Monetary Fund (IMF) has projected that the Federal Government of Nigeria may spend 93 per cent of the country’s revenue on the payment of interests incurred on its debts by 2022. In a projection provided in the IMF’s ‘Nigeria Staff Report for the 2021 Article IV Consultation’ report, the Fund also projected that 139 […]
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