In the first half of 2024, Nigerian states spent a total of N139.92 billion servicing external debt.
This is based on a study of Federal Account Allocation Committee (FAAC) data from the National Bureau of Statistics.
The amount spent is a 122 per cent increase over the N63.06 billion spent du
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Faith Omoboye
Faith Omoboye is a foreign affairs correspondent with background in History and International relations. Her work focuses on African politics, diplomacy, and global governance.
