Nigerian Federal Government Overshoots Borrowing Limit, New Debt Reaches N12.62tn

Nigeria’s Federal Government has exceeded its 2024 borrowing limit by N4.79tn, with new debt now totaling N12.62tn due to significant revenue shortfalls.

29 Jul, 01:55 — 29 Jul, 01:55

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punch-ngMostly Factual10d ago

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

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/

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Nigerian Federal Government Overshoots Borrowing Limit, New Debt Reaches N12.62tn

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

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