The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the external and domestic debts of the Federal Government, the 36 …
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Nigeria Heading For Debt Crisis – Governors Warn
Some state governors have voiced their dismay over Nigeria’s escalating debt profile, with fears that the country could face severe consequences if immediate measures are not taken to reverse the trend. The governors spoke yesterday at the sidelines of the 2023 induction for re-elected and elected governors with the theme: …
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