Deputy Speaker of the House of Representatives, Benjamin Kalu, has disclosed that President Bola Tinubu has reduced the debt servicing burden from 96% of the 2023 revenue to 67%.
The lawmaker made the disclosure on Sunday while speaking at the recently concluded Inter-Parliamentary Union (IPU) and United Nations General Assembly (UNGA) 2025 Parliamentary Hearing in New York, United States, themed “Scaling Up Action for the Sustainable Development Goals: Finance, Institutions, and Politics.”
He asserted that the achievement is a testament to the country’s commitment to sustainable development and debt management.