Nigeria spends N1.1trn on debt servicing in 9 Months

Oscarline Onwuemenyi 23 February 2017, Sweetcrude, Abuja – The Federal Government has disclosed that it expended a whopping sum of N1.094.22 trillion was expended on debt servicing between January and September 2016. It explained that while N1.044 trillion was used to service local debt, against the N980.55 billion budgeted in the 2016 spending plan, representing […] More »