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Rising domestic debt service at N1.48trn raises analysts concern

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The rising domestic debt service which stood at N1.48 trillion in 2017 is raising concern among financial analysts who see capital projects bearing the brunt. The 2018 budget projects a combined total of N2.01 trillion for domestic and external obligations, but that excludes sinking fund contributions for the settlement of arrears to contractors and other…

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The post Rising domestic debt service at N1.48trn raises analysts concern appeared first on BusinessDay : News you can trust.

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