Debt servicing rises, gulps 72% of FG revenues

• Debt servicing to revenue ratio jumped from 54.66% in 2019 to 72% in 2020 The Federal Government made a total of N3.25tn in 2020, according to a review of the budget performance of the 2020 Appropriation Act. The review also showed that the Federal Government spent a total of N2.34tn on debt servicing within…