DMO Projects Nigeria’s Debt Service at 71.7% of Revenue by 2030

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Nigeria’s debt service burden is projected to consume 71.7% of Federal Government revenue by 2030, exceeding the Debt Management Office’s recommended threshold of 50% and raising concerns about the country’s fiscal position. However, the Debt Management Office (DMO) in its 2024 Debt Sustainability Analysis showed that debt servicing will decrease to 44.9 percent in 2025 […]

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