Nigeria’s Rising Debt Sparks Fresh Fiscal Concerns
Economic analysts have renewed concerns over Nigeria’s growing debt profile, warning that the country’s debt-to-revenue ratio has reached unsustainable levels and could undermine long-term fiscal stability. Despite increased revenue allocations from the Federation Account Allocation Committee (FAAC), the Federal Government continues to pursue new loans. President Bola Tinubu recently sought Senate approval for a $516.3 […]
FAAC Shares N1.97trn December Revenue
The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.969 trillion as Federation Account revenue for December 2025 among the Federal Government, states and local government councils. The allocation was made at the FAAC meeting held in Abuja in January 2026, according to a statement by the Director of Press at the Office […]
