Nigeria’s debt repayment exceeds recurrent, capital expenditure — CFG

Tribune Online
Nigeria’s debt repayment exceeds recurrent, capital expenditure — CFG

Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria’s debt repayment now exceeds both recurrent and capital expenditure. This is alongside the country’s foreign direct investment (FDI) being at an all-time low of under US$1 billion. Mr Tilewa Adebajo, Chief Executive Officer (CEO) of The CFG Advisory, disclosed this […]

Nigeria’s debt repayment exceeds recurrent, capital expenditure — CFG
Tribune Online

​Tribune Online
Nigeria’s debt repayment exceeds recurrent, capital expenditure — CFG
Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria’s debt repayment now exceeds both recurrent and capital expenditure. This is alongside the country’s foreign direct investment (FDI) being at an all-time low of under US$1 billion. Mr Tilewa Adebajo, Chief Executive Officer (CEO) of The CFG Advisory, disclosed this
Nigeria’s debt repayment exceeds recurrent, capital expenditure — CFG
Tribune Online