Tag: Debt Management Office

Debt Management Office dey warn FG not to borrow more money
Debt Management Office dey warn FG not to borrow more money

Di Debt Management Office don caution di Ferderal Government from se dem borrow more money. Na based on di DMO projection se di government public debt fit reach eighty-one-point-six-four trillion naira dis year. Di figure dey inside di DMO 2022 Debt Sustainability Analysis Report. Di DMO dey warn se di Government projected revenue of ten trillion naira…

Nigeria’s debt stockpile hits N31 Trillion
Nigeria’s debt stockpile hits N31 Trillion

Nigeria’s debt has increased by two point three-eight trillion naira within three months, from April to June this year. The increase from twenty-eight point six trillion naira as at March 31 is partly due to a three-point three-six billion dollars loan from the International Monetary Fund. This was made known by the government’s Debt Management Office, which…

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