Nigeria’s debt set to peak at N45tn in 2022, says DMO report

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Nigeria’s debt set to peak at N45tn in 2022, says DMO report

« on: March 19, 2022, 07:07:22 pm »

Nigeria’s debt set to peak at N45tn in 2022, says DMO report

The total debt stock of Nigeria is likely to reach N45tn as the Debt Management Office plans to borrow an additional N6.39tn to finance the 2022 budget deficit. This was contained in a DMO document obtained by the News Agency of Nigeria on Friday in Abuja. In the document, the Director-General, DMO, Patience Oniha, explained…

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