Header and navigation menu

Page content

IMF: Nigeria to spend half of revenue on debt servicing in 2026

The IMF projected that the federal government’s interest payments will account for 53.7 per cent of total revenue in 2026, slightly higher than the 53.2 per cent estimated for 2025 and significantly above the 40.8 per cent recorded in 2024. The Fund, however, expects a marginal improvement in 2027, when the interest-to-revenue ratio is projected to decline to 52.4 per cent. [...]