Nigeria’s Public debt hits N49 trillion | The Guardian Nigeria News - Nigeria and World News

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Nigeria’s Public debt hits N49 trillion | The Guardian Nigeria News - Nigeria and World News ⬇️

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 states and the Federal Capital Territory .

According to the DMO, the Ways and Means will be included in the debt stock of the Federal Government from June. According to the DMO, it is an annual exercise anchored by it, with the participation of key Federal Government agencies. According to Patience Oniha, Director-General of the DMO, the recent DSA reports highlighted the need for more revenues to keep the public debt sustainable.

 

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