Nigeria debt to increase to N62.84 trillion, as DMO plan to add N20trn “Ways and Means” loans to public debt stock

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Nigeria debt to increase to N62.84 trillion, as DMO plan to add N20trn “Ways and Means” loans to public debt stock

« on: October 23, 2022, 07:08:16 AM »

Nigeria debt to increase to N62.84 trillion, as DMO plan to add N20trn “Ways and Means” loans to public debt stock

The Debt Management Office (DMO), says it will add the Central Bank of Nigeria (CBN)’s N20 trillion “Ways and Means’’ loans to the Federal Government’s total debt stock. The Director-General of the DMO, Patience Oniha, however told the News Agency of Nigeria (NAN) that it could only be done after necessary approvals by relevant authorities. …
Source: Nigeria debt to increase to N62.84 trillion, as DMO plan to add N20trn “Ways and Means” loans to public debt stock

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