Business

July 10, 2019

Breaking: DMO puts Nigeria’s public debt stock at N24. 947 trn

Director-General DMO Ms. Patience Oniha

By Emma Ujah, Abuja Bureau Chief

The nation’s public debt stood at N24. 947 trillion ($81.274 billion) at the end of March, this year.

Director-General DMO Ms. Patience Oniha

Director-General DMO
Ms. Patience Oniha

The data released by the Debt Management Office (DMO) in Abuja, this morning, was an indication of a marginal 2.3 per cent increase when compared to the public debt stock, as at end December 2018.

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According to the DMO, the debt stock represented the total debts of the federal government, the 36 states and the Federal Capital Territory (FCT).

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Details later…

Vanguard