The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF) that Nigeria might spend over 92 per cent of its revenue on debt servicing in 2022. The IMF, which made the projection in its 2021 Article, also estimated 2021 debt servicing-to-revenue ratio at 85.5 per cent. It, however, estimated the debt-servicing-to-consolidated revenue (total revenues of the government and its agencies) for 2021 and 2022 at 29 per cent and 32.8 per cent, respectively. The DMO, in a statement by its Director-General, Mrs Patience Oniha, faulted the IMF...