Nigeria Allocates a Staggering 69% of 2024 Revenues to Debt Repayment – Budget Office Reveals
Nigeria continues to grapple with fiscal challenges as the Federal Government allocated an overwhelming 69 percent of its total revenue for 2024 solely to debt...
Nigeria continues to grapple with fiscal challenges as the Federal Government allocated an overwhelming 69 percent of its total revenue for 2024 solely to debt repayment. This information comes from the most recent Budget Implementation Report (BIR) published by the Budget Office of the Federation (BOF). According to the report, out of the N19.354 trillion...