Nigeria on fiscal cliff as debt service trounces revenue

Hard times are already here for the Federal Government, hard, as its debt servicing exceeded retained revenue by as much as N310 billion in the first four months of 2022. This is the first time the country‚Äôs debt service to revenue ratio would hit or exceed 100 per cent. Detailed analysis of the overview of … Continue reading Nigeria on fiscal cliff as debt service trounces revenue