Nigeria Fails To Service N110.31bn China Railway Debt, Sector Generates N12bn

The Federal Government In the last two years ending December 2022, has failed to service the railway debt owed China which has accumulated the sum of N110.31bn.

According to data from Nigeria’s external debt service payments report by the Debt Management Office (DMO) collated by THE WHISTLER, the accumulated debt represents the Principal fee and the interest fee.