2020 Budget Analysis

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of Nigeria’s revenue challenge. Finally, it is important to pay attention to rising debt servicing costs which are higher than Nigeria’s capital expenditure. FG debt servicing expense was a high 45.2% of its revenue, as of September 2019, an anomaly even in countries with extremely high debt-to-GDP ratio. Nigeria is currently on the cusp of

  Analysis, Revenue, Budget, 2200, Expenditure, 2020 budget analysis