Atiku Raises Alarm Over Nigeria’s Rising Debt Profile, Financial Crisis(AFRICAN EXAMINER) – Former Vice President, Alhaji Atiku Abubakar, has lamented the increasing rate of Nigeria’s rising debt profile. “Nigeria spent a total sum of ₦943.12 billion in debt servicing and the Federal Government’s retained revenue for the same period was only ₦950.56 billion. “This means that Nigeria’s debt to revenue ratio is now 99%. This is a crisis, and debt servicing doesn’t equate to debt repayment. “I counselled that the FG ought to reduce Nigeria’s budget by at least 25%, to reflect the economic realities of the times that we live in.”