Tag: Debt service
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Why Osun debt service rate is high – Govt
The Osun government says the devaluation of the Naira is responsible for the state’s high debt service payment. Mr Kolapo Alimi, the Commissioner for Information and Public Enlightenment, in a statement on Wednesday
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Bayelsa spends N3.52bn on debt service to commercial banks in May
The Bayelsa government on Friday said it spent N3.52 billion on servicing its loan obligations to commercial banks for the month of May.
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Nigeria spends more money servicing debts, NASS, subsidy than on education – Ex-Kano Emir Sanusi
A former Governor of the Central Bank of Nigeria, Lamido Sanusi, has slammed the Federal Government for failing to prioritise education in the country.