Nigeria’s debt service-to-revenue ratio at 97% unsustainable, we’ve brought it down to 65% – Tinubu

President Bola Tinubu has disclosed that servicing debt at 97% ratio was unsustainable.

This is even as he disclosed that Nigeria’s debt service-to-revenue ratio has dropped from approximately 97% to 65% since he took office 17 months ago.

He made this known during the swearing-in ceremony for seven new ministers at the State House in Abuja, highlighting the significant economic challenges faced by the country.

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