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

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

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post culled from thisdaylive