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Debt Obligations

FG Deducts Over N415 Billion From State Allocations For External Debt Servicing

Mar 26, 2024. by Praise Ben
state Allocations

EKO HOT BLOG reports that the Federation Account Allocation Committee Disbursement reports, the Federal Government has deducted over N415 billion from state government allocations to service their external loans between 2019 and 2023. This information, published by the National Bureau of Statistics, highlights significant deductions made from state allocations from the Federation Account over the past … Read more

Categories News Tags Borrowing, Debt Obligations, External Debt Servicing, Federal Government, Federation Account, financial management, Fiscal policy, National Bureau of Statistics, Revenue Generation, State Allocations
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