Debt servicing is expected to gulp N15.18 trillion in the 2025 budget tagged “Budget of Restoration: Securing Peace, Rebuilding Prosperity”
The Ghanaian government announced the commencement of its domestic debt Exchange program On December 5 2022, as a means of
Nigeria is grappling with a severe economic strain as debt servicing costs account for a staggering 64% of its $4.36
Key Points Debt Servicing Dominates Revenue: In Q1 2024, debt servicing consumed 74% of Nigeria’s federal revenue, totalling N1.31 trillion
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