Update: President Buhari presents N20.5tr budget for 2023

…N6 trillion for debt servicing in 2023.

President Muhammadu Buhari has put the total budget estimate for 2023 at N20.5 trillion.

Out of this, the government is budgeting about N6 trillion for debt servicing in 2023.

He however said that the 2023 proposals reflect the serious challenges facing the country.