- The Nigerian government spent about $3.5 billion servicing external loans in 2023
- The country country external debt profile stands at $42.29 billion from $41.69 billion recorded in 2022
- In the year under review, the Nigerian government serviced loans from the IMF, the World Bank and Eurobonds
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
In 2023, the Nigerian government incurred a debt service of $3.5 billion for its external loans.
