Nigeria’s cost of servicing the debt exceeds the country’s retained revenue by N310 billion in the first four months of 2022. This was revealed in the 2022 fiscal performance report for four months released on Thursday, July 21, by the federal government.  While the federal government’s total revenue for the period was N1.63 trillion, debt service gulped N1.94 trillion. “The … Continue reading Nigeria Broke As Debt Payment Exceeds Revenue