LCCI: Spending 98% of FG’s Revenue on Debt Service Worrisome

Pages: [1] Go Down

Topic: LCCI: Spending 98% of FG’s Revenue on Debt Service Worrisome (Read 1033 times)

0 Members and 1 Guest are viewing this topic.

LCCI: Spending 98% of FG’s Revenue on Debt Service Worrisome

« on: August 09, 2021, 07:09:44 PM »

LCCI: Spending 98% of FG’s Revenue on Debt Service Worrisome

•Advises government to securitise assets to enhance revenue Dike Onwuamaeze Worried that the federal government spent 98 per cent of its revenue to service debt between January to May 2021, the Lagos Chamber of Commerce and Industry (LCCI) yesterday advised government to evolve innovative ways of using its idle assets to boost public revenue and […]
Source: LCCI: Spending 98% of FG’s Revenue on Debt Service Worrisome

-----
post culled from thisdaylive

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
FG Restrains MDAs From Spending Service Wide Votes Started by flukky-2 Newspaper Board	0 Replies 1507 Views	February 12, 2016, 01:01:32 AM by flukky-2
Our Strategy Will Mitigate Debt Service Risk – FG Started by olutee Newspaper Board	0 Replies 1211 Views	November 03, 2017, 07:01:49 AM by olutee
IMF: debt service may consume 60% of govts’ revenues Started by thenation Newspaper Board	0 Replies 1215 Views	November 17, 2017, 07:05:07 AM by thenation
DMO decries Nigeria’s debt servicing to revenue ratio Started by observer Newspaper Board	0 Replies 1163 Views	March 15, 2021, 01:00:59 PM by observer
Increasing spending: FG’s three-year deficit hits N15.4tn amid revenue crisis Started by olutee Newspaper Board	0 Replies 973 Views	September 03, 2021, 07:07:56 AM by olutee
Nigeria’s debt hits N42.84tn amid revenue crisis Started by olutee Newspaper Board	0 Replies 1147 Views	September 20, 2022, 07:02:31 AM by olutee
Nigerian Government to spend 62% revenue on CBN debt repayment by 2027 - World Bank Started by PulseNG General News	0 Replies 933 Views	January 03, 2023, 07:01:35 AM by PulseNG
Railway debt servicing gulps N246bn, NRC revenue tumbles Started by olutee Newspaper Board	0 Replies 1160 Views	January 04, 2023, 01:08:05 PM by olutee
Moody’s Lowers Nigeria’s Ratings over Revenue, Debt Crises, Projects Stable Outlook for Economy Started by thisday Newspaper Board	0 Replies 1267 Views	January 30, 2023, 01:13:52 AM by thisday
Weapons acquisition amongst other spending has seen Egypt's debt soar uncontrollably Started by PulseNG General News	0 Replies 650 Views	June 08, 2023, 01:00:29 AM by PulseNG