olugbo on Nostr: President #tinubu claimed #nigeria reduced its #debt service-to-revenue ratio from ...

President #tinubu claimed #nigeria reduced its #debt service-to-revenue ratio from 97% to 68%, but #cbn data shows it worsened to 147% in 2024. CEO Tileriwa Adebayo warns of rising debt servicing costs, urging asset sales & restructuring to ease the burden

https://nairametrics.com/2025/01/10/fg-spends-n8-94-trillion-on-debt-servicing-in-nine-months-cbn/