11 Sep, 2025
4 mins read

Debt Burden: Half of Nigeria’s Revenue Goes to Repay Loans, Says Panel

Nigeria’s economic reforms are beginning to yield significant fiscal relief, as the country now spends less than 50 per cent of its revenue on debt servicing, according to the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee (FPTRC), Mr. Taiwo Oyedele. Speaking at PriceWaterhouseCoopers (PwC)’s Executive Summit on Nigeria’s Tax Reform in Lagos […]