Experts to FG: Don’t rejoice over N33trn revenue, boost earnings to tackle debt, fund development

By Adewale Sanyaolu and Chinwendu Obienyi
Despite generating a record N33 trillion in revenue between January and October 2026, economic and financial experts have said that Nigeria must significantly increase its earnings to enable it have enough money to earmark for debt servicing without sacrificing critical development projects or suffocating the fiscal space.
They warned that the revenue milestone, though encouraging, should not be mistaken for evidence that the country’s fiscal challenges have been resolved, given its huge public debt, rising interest payments and growing demand for infrastructure and social services.
The experts, who spoke to Daily Sun at the weekend, sai...