Nigeria’s debt hits N25.7trn .

Nigeria public debt has hit N25.7 trillion, up by N3.32 trillion in one year as at the end of June 2019, the Debt Management Office has revealed.

While the Federal Government owed N20.42trn as at June 30, 2019, the 36 states and the Federal Capital Territory debt portfolio stood at N5.28trn.

The DMO revealed the debt stock is made up of N8.32trn ($27.16bn) external debt and N17.38trn borrowed domestically.

©2024 Instablog9ja. All rights reserved. | Powered by DEO360 Digital Solutions

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?