FG Prioritizes Debt, Cuts Back On Capital Expenditure

The Federal Government’s expenditure report for the first eight months of 2024 has revealed the significant strain debt servicing is placing on Nigeria’s finances. The total amount spent on debt servicing between January and August was N7.41 trillion, which was 34.4 percent more than the pro-rata budget of N5.51 trillion. It was also 89.6 per … Continue reading FG Prioritizes Debt, Cuts Back On Capital Expenditure