Nigeria’s debt repayment exceeds recurrent, capital expenditure – CFG
kolaking.substack.com
Hope Moses-Ashike Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria’s debt repayment now exceeds both recurrent and capital expenditure. This is alongside the country’s Foreign Direct Investment (FDI) being at an all-time low of under US$1 billion.
Nigeria’s debt repayment exceeds recurrent, capital expenditure – CFG
Nigeria’s debt repayment exceeds recurrent…
Nigeria’s debt repayment exceeds recurrent, capital expenditure – CFG
Hope Moses-Ashike Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria’s debt repayment now exceeds both recurrent and capital expenditure. This is alongside the country’s Foreign Direct Investment (FDI) being at an all-time low of under US$1 billion.