Despite revenue gains, FG fails to ease debt service pressure

…Over N7trn debt service bill exceeds six months revenue by N1.5trn Despite a sharp increase in government revenue, the Federal Government spent N7.7trn on debt interest in the first half of 2026, exceeding its total revenue of N6.2trn by N1.5trn, an investigation by THE POINT has revealed. Findings from the World Bank’s October 2026 Nigeria […] The post Despite revenue gains, FG fails to ease debt service pressure appeared first on ThePointNG.

  News   Oct 19, 2026   0   12  Add to Reading List
Despite revenue gains, FG fails to ease debt service pressure












…Over N7trn debt service bill exceeds six months revenue by N1.5trn Despite a sharp increase in government revenue, the Federal Government spent N7.7trn on debt interest in the first half of 2026, exceeding its total revenue of N6.2trn by N1.5trn, an investigation by THE POINT has revealed. Findings from the World Bank’s October 2026 Nigeria […]

The post Despite revenue gains, FG fails to ease debt service pressure appeared first on ThePointNG.

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