Africa Business News

Nigeria President Against Servicing Debt with 90% Revenue  

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President Bola Tinubu says the country could not continue to service its debt with 90 per cent of its revenue. He noted that the country was headed for destruction should that continue. Tinubu says his administration must make difficult changes to better the lots of the country. Tinubu says servicing external debts with 90% of the country's revenue is a path to destruction and not sustainable.