State Governments Contribute 16.74% of Nigeria’s Total Debt
Nigeria’s total public debt rose to N44.06 trillion at the end of September from N42.85 trillion in June 2022.
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Amid Fiscal Challenges, Nigeria to Spend 22% of 2022 Budget on Debt Servicing
Details in the final copy of the 2022 budget of the country have shown that over 22 per cent will be spent on debt servicing.