HomeTagsDebt

Tag: Debt

Public Debt Hits N121tn

Public Debt Hits N121tn Nigeria’s total public debt has reached N121.67tn, increasing by N24.33tn or 24.99 per cent within three months, the Debt Management Office has announced. This new figure is from a total debt of N97.34tn ($108.23bn) as of December 2023. The DMO in a statement...

IPMAN To Shutdown Stations Nationwide If N200bn Debt Remains Unpaid

The Independent Petroleum Marketers Association (IPMAN) has issued a stern warning that it will shut down its 30,000 stations nationwide if the Federal Government's outstanding debt of N200 billion isn't settled promptly. 

NAHCON: Five States With $383m Debt Budget Subsidize N9bn For Hajj Pilgrims

Five states; Kogi, Kebbi, Jigawa, Bauchi and Kano states, have subsidised Hajj fares for 10,260 intending pilgrims for the 2024 exercise, with a combined sum of N9,120,997,990 billion. 

El-Rufai Left N85bn, $587m Debts, 115 Contractual Liabilities – Gov Sani

El-Rufai Left N85bn, $587m Debts, 115 Contractual Liabilities - Gov Sani   The governor of Kaduna, Uba Sani, has lamented N85bn, $587m and 115 contractual liabilities debt his government inherited from from Nasir El-Rufai's administration. According the governor, this is making it difficult for him to pay...

El-Rufai Left N85bn, $587m Debts, 115 Contractual Liabilities – Gov Sani

El-Rufai Left N85bn, $587m Debts, 115 Contractual Liabilities - Gov Sani   The governor of Kaduna, Uba Sani, has lamented N85bn, $587m and 115 contractual liabilities debt his government inherited from from Nasir El-Rufai's administration. According the governor, this is making it difficult for him to pay...

Nigeria’s Public Debt Rises by 10.7% to N97.34 Trillion – DMO

Nigeria's Public Debt Rises by 10.7% to N97.34 Trillion - DMO According to the Debt Management Office (DMO), Nigeria's public debt has surged by 10.7% to N97.34 trillion, up from N87.91 trillion in the previous quarter. The report revealed that the rise in debt levels are...