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The National Bureau of Statistics has said Nigerian residents spent N108.47tn on household consumption in 2021 in nominal terms.
The figure is higher than the N97.72tn recorded in 2020, showing an increase of 11 per cent amid double-digit inflation.
FG plans to spend more on debt servicing, capital expenditures
The Federal Government has outlined plans to allocate a significant portion of its budget to debt servicing over the next...
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