Posted by Uche Usim, Abuja | 4 April 2019 | 731 times
The Debt Management Office (DMO) on Thursday revealed that Nigeria’s total debt profile as of December 31, 2018, now stands at N24.387 trillion. The figure swelled by 12.25% from N21.725 trillion in 2017 to N24.387 trillion in 2018.
The Director-General of DMO, Patience Oniha made the revelation at a news briefing in Abuja.
According to her, the figure comprises foreign and local debts of the Federal, States, Local Government, and the Federal Capital Territory.
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