96% To 67%

Deputy Speaker of the House of Representatives, Benjamin Kalu says President Bola Ahmed Tinubu's government has reduced Nigeria's debt servicing burden from 96% of its revenue in 2023 to 67%. This breakthrough is a significant step in the country's efforts to manage its debt. Speaking at the Inter-Parliamentary Union and United Nations General Assembly 2025 parliamentary hearing in New York, Kalu attributed the reduction to the government's commitment to sustainable […]