- In February 2023, the Nigerian government under former President Muhammadu Buhari spent a substantial part of its revenue on debt servicing
- The Nigerian government spent more than 85% of its revenue servicing debt in the month under review
- The Central Bank of Nigeria said that the federal government had retained revenue of N478.57 billion in February
The Nigerian government spent over 85% of its revenue servicing debt in February 2023.
The Central Bank of Nigeria said in its monthly economic report for February that the federal government had a retained revenue of N478.57 billion in February.