Nigeria's Debt Service Set to Surpass N91 Trillion by 2028 Under Tinubu's Potential Administration

The article discusses Nigeria's Federal Government's debt service projections under a potential Bola Tinubu administration, estimating it to surpass N91 trillion by 2028. This significant debt burden is attributed to rising fiscal deficits, expanding debt stock, and escalating interest rates.

The government's debt service obligations have sharply increased, potentially impacting capital expenditure. The analysis warns of a higher debt service-to-revenue ratio, signaling fiscal stress and limiting the government's ability to invest in critical sectors.

Nigeria's debt servicing costs are expected to remain a major challenge throughout the current administration's tenure.