The Nigerian government's 2025-27 Medium-Term Expenditure Framework foresees 31.24 trillion naira ($18.6 billion) in additional borrowing and 50.39 trillion naira in debt servicing costs over the next three years, The Punch reported on Nov. 19. Debt servicing costs are projected to increase by 26.7% between 2025 and 2027 while capital expenditure is expected to stagnate and represent over a third of total annual expenditures in 2025-27.