Nigerian opposition party falsely claims the government spends over 98% of its budget on debt service

Updated on 20/01/2022 at 12:55

Nigeria’s leading opposition party has claimed that the federal government spends over 98 percent of its budget on servicing debts. This is false: while economic indices under the current government have indeed worsened, AFP Fact Check found that less than 25 percent of the 2022 budget will be used to pay debts.