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Nigeria made N3.42tn in 2020, debt servicing gulped N3.34tn – BudgIT

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The Federal Government spent N10.01tn in 2020, an analysis from BudgIT has shown. The analysis also showed that the Federal Government made N3.42tn and spent N3.34tn on debt servicing in 2020. According to analysed data by BudgIT, the Federal Government funded salaries, overhead, and capital expenditure with loans and the Central Bank of Nigeria’s Support….


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