FG disagrees with World Bank over H1 124% debt servicing/revenue ratio
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Emma Ujah, Abuja Bureau Chief
The Federal Government has disagreed with the World Bank on the latter’s debt servicing/revenue ratio for the first half of 2026, put at 124 percent.
The bank in its recent Nigeria Development Update (NDU) reported that federal government debt servicing was 124 percent above its revenue.
However, the Federal Ministry of Finance, in a statement, yesterday, faulted the bank’s analysis, explaining that the debt servicing figure included those o
The Federal Government has disagreed with the World Bank on the latter’s debt servicing/revenue ratio for the first half of 2026, put at 124 percent.
The bank in its recent Nigeria Development Update (NDU) reported that federal government debt servicing was 124 percent above its revenue.
However, the Federal Ministry of Finance, in a statement, yesterday, faulted the bank’s analysis, explaining that the debt servicing figure included those o
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