The Debt Management Office (DMO) says Nigeria’s debt service-to-revenue ratio is projected to rise to 71.7 percent by 2030, exceeding its 50 percent “self-imposed” limit.
The ratio, which stood at 60.6 percent in 2024, is projected to fall to 44.9 percent in 2025, before rising to 51 percent in 2026, and 57.1 percent in 2027.
The debt service-to-revenue ratio is also expected to climb to 57.4 percent in 2028 and 67.3 percent in 2029.
The cable
