Federal Government plans N26tn Borrowing, N29tn For Debt Servicing

The Federal Government plans to take N26.42 trillion in loans between 2024 and 2026, according to the new MTEF/FSP. The fiscal policy also indicates that debt servicing will gulp N29.92tn in three years. The data show that the national government plans to borrow N7.81 trillion in 2024, slightly less than the N8.84 trillion targeted for … Continue reading Federal Government plans N26tn Borrowing, N29tn For Debt Servicing