The Federal Government has projected that debt servicing will cost N10.43tn by 2025, according to the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper.
Some financial analysts have urged the Federal Government to increase its crude oil production to enhance its revenue generation, in order to tackle the rising
An Economist and Founder of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has warned the federal government that unchecked crude
The Federal Government paid the total sum of N7.27billion as installments on loans acquired from the World Bank and the International Monetary Fund in February
The Federal Government on Wednesday disclosed that it spent N4.2tn on debt servicing between January and November 2021. This sum represents 76.2 per cent of
Votes N900bn on petrol subsidy in 2022 The Federal Government says it released N973.13bn for the implementation of capital projects contained in the 2021 budget
N1.8tn released for capital projects The Federal Government spent a total of N6.46tn on debt servicing and workers in 2020, the Minister of Finance, Budget