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Thursday, 3 June 2021

ICAN decries govt spending 70% of revenue to service debt

ICAN decries govt spending 70% of revenue to service debt: The 57th President of ICAN, Comfort Eyitayo, who stated this at her inauguration in Lagos said despite the fact that Nigeria’s debt to Gross Domestic Product (GDP) ratio is within acceptable fiscal and economic limits, she said the nation cannot survive economically with 70 percent revenue going into debt servicing.

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