Nigeria to spend over ₦91tn on debt service by 2028
Nigeria’s federal government, led by President Bola Tinubu, is projected to spend over ₦91 trillion on debt servicing between 2023 and 2028. The figure underscores the rising burden of public borrowing amid consistently weak revenue performance. The estimate draws on debt service allocations in the 2023 and 2024 budgets, the 2025 Appropriation Act, and forward […]










