Nigeria using over 90% revenue to service $130bn debt – Tilewa Adebajo

…says debt repayment more than recurrent, capital expenditures Mr. Tilewa Adebajo, the Chief Executive Officer (CEO) of CFG Advisory, has noted that Nigeria’s current debt burden of US$130 billion is being serviced by 95 percent of revenues, even as he noted that debt repayment now exceeds both recurrent and capital expenditure. This is despite the […]

The post Nigeria using over 90% revenue to service $130bn debt – Tilewa Adebajo first appeared on Business Hallmark.