Nigeria may spend 100% of 2023 revenue to service loans – KPMG
A multinational consulting firm, KPMG, has raised concerns over Nigeria’s debt burden, saying the country may use 100 per cent of its 2023 revenue to service debt. “With FGN revenue to GDP ratio of 4.49 per cent as of December 2022, Nigeria’s debt service to revenue ratio may surpass 100 per cent in 2023, which
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