Nigeria’s Public Debt Rises To N46.25 Trillion

March 31, 2023 by Delia Innoma 0 Comments

Nigeria’s total public debt stock increased to N46.25 trillion or $103.11 billion as of December 2022, the Debt Management Office (DMO) disclosed on Thursday.

According to the DMO, the new figure is made up of the domestic and external total debt stocks of the Federal Government and the sub-national governments (36 state governments and the Federal Capital Territory).

The DMO on Thursday stated that the comparative figure of public debt as of December 31, 2021, was N39.56 trillion or $95.77 billion.

News

About Delia Innoma

Delia Innoma is a prolific writer, promoter, artist manager with full professional proficiency in English, German and Igbo languages. She studied accounting and computer programming at the Institute of Management and Technology Enugu and Germany respectively. Delia is also a devoted mother of two and she founded the Diamond Celebrities Magazine. Her sense of responsibility and commitment to the Christian faith are essential forces driving her daily activities.

View all posts by Delia Innoma →

Actor Yul Edochie Loses First Son

I’m Married, Davido Finally Confirms Marriage With Chioma