The figure consists of the domestic and external debt stocks of the Federal Government, 36 state governments, and the Federal Capital Territory
According to a statement issued by the DMO, in terms of composition, total domestic debt stock was N27.55 trillion while total external debt stock was N18.70 trillion . The office said the issuance of promissory notes by the FGN to settle some liabilities also contributed to the growth in the debt stock.
Source: Loan Digest (loandigest.net)
This is so shameful, management is zero, how can you borrow to eat when we have vast land everywhere in Nigeria, is this the change we they promised us?
It's much o
Wonderful!
Just 46 trn? 🤔
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