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Debt servicing

5 Feb
Civil Society Legislative Advocacy Centre (CISLAC) and Tax Justice and Governance Platform have decried the amount spent on debt servicing in the country, citing it as responsible for current economic challenges. 
31 Mar 2023
In 2020, one of the reputable national newspapers in Nigeria in its editorial comment among other observations noted that Nigeria would be facing another round of fiscal headwinds this year with the mix of $83 billion debt; rising recurrent expenditure; increased cost of debt servicing; sustained fall in revenue; and about $22 billion debt plan waiting for legislative approval.

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