FG overshoots borrowing limit as new debt reaches N12.62tn

🇳🇬 Punch Nigeria (NG) —
FG overshoots borrowing limit as new debt reaches N12.62tn

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Nigeria's Federal Government has exceeded its 2024 borrowing limit by 4.79 trillion Naira, with new debt reaching 12.62 trillion Naira, driven by revenue shortfalls and fiscal pressures.

Nigeria’s Federal Government exceeded its 2024 borrowing limit by N4.79tn, with new debt reaching N12.62tn due to revenue shortfalls. Discover the impact o Read More: https://punchng.com/fg-overshoots-borrowing-limit-as-new-debt-reaches-n12-62tn/

World Politics Markets Nigeria federal government debt borrowing limit revenue shortfall finance

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