...experts say high debt servicing limiting capital project spending
Federal Government spent only N3.10 trillion on capital projects in the first nine months of 2025 despite receiving N11.89 trillion from various debt financing sources within the period, underscoring the widening gap between borrowing and infrastructure execution.
Data from the Budget Office of the Federation’s Third Quarter 2025 Budget Implementation Report showed that total debt financing inflows as of September 2025 stood at N11.89 trillion,
...experts say high debt servicing limiting capital project spending
Federal Government spent only N3.10 trillion on capital projects in the first nine months of 2025 despite receiving N11.89 trillion from various debt financing sources within the period, underscoring the widening gap between borrowing and infrastructure execution.
Data from the Budget Office of the Federation’s Third Quarter 2025 Budget Implementation Report showed that total debt financing inflows as of September 2025 stood at N11.89 trillion,