FGN Bonds make up N13.963 trillion or 72.56 per cent of the aggregate N19.243 trillion domestic debt obligations standing against the federal government, according to the latest figures released by the Debt Management Office . As at December 31, 2021, the total public debt stock of the federal government, Federal Capital Territory , and states stood at N39.566 trillion.
Data posted by the DMO indicated that the debt instruments accounting for the federal government’s N19.243 trillion domestic debt obligations were: FGN Bonds, N13, 963,219,813,592.00 ; followed by Nigerian Treasury Bills , N3, 786,137,291,000.00 ; and Nigerian Treasury Bonds, N75, 988,000,000.00 . Cross River was next with N159.8 billion; Bayelsa followed with N154 billion, while Delta owed N154 billion, and Plateau, N150.4 billion.
Source: Loan Digest (loandigest.net)