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2020 budget: FG says debt servicing will gulp N2.45trn

By Bukola Olasanmi

President Muhammadu Buhari has said debt service in the 2020 budget will gulp N2.45tn, out of which local debts would take N296bn.

Overhead cost will be N426.6bn, he said.

The President also said the National Assembly would spend N125bn in the next budget year, while the judiciary will get N110bn.

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