Last updated on September 11th, 2021 at 03:13 pm
The Debt Management Office (DMO) says that Nigerian’s total debt profile is N25.7 trillion.
The Director-General of the office, Patience Oniha, announced this while addressing House of Representatives Committee on Public Account on Friday in Abuja.
“As at June 2019, our debt profile is at N25.7 trillion; this includes the federal, states governments and the Federal Capital Territory (FCT).
“We call it the total public debt, out of this total, the federal government is responsible for 80 per cent of the debt,” she said.
Ms Oniha said external borrowing accounted for about 32 per cent of the total debt while the 68 per cent was domestic.
The ICC Champions Trophy 2025 could be moved to South Africa if the Pakistan CricketBoard (PCB) rejects the hybrid model,…
In addition to the Middle East and North Africa, the United Arab Emirates is becoming asignificant hub for trade and…
The UAE has established itself as a key player in the global aid regime, especially inAfrican countries. According to the…
President-elect Donald Trump on Thursday named Susie Wiles, a Florida strategist who ran his political operations for nearly four years,…
Zambia's untouched environment provides an unparalleled, up-close animal experience with a walking safari. Zambia's national parks including South Luangwa and…
The 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change starts in…
This website uses cookies.