External Debt Grew By 114% Under Buhari
The Federal Government and the 36 states of the federation as well as the Federal Capital Territory grew the country’s external loan commitments from $10.32bn in June 2015 to $22.07bn in March 2018, investigation has shown.
This reflects an...
Nigeria’s total public debt stock, comprising the Federal Government, states and Federal Capital Territory (FCT), stood at N20.373 trillion as at September 30, 2017, showing a marginal increase of 3.6 per cent from the N9.637 trillion as at June 30, 2017. A breakdown of...
As of September 30, 2016, the Federal Government’s indebtedness to local creditors stood at N10.8tn, while external debt was $11.5bn.
The Minister of State for Budget and National Planning, Zaynab Ahmed, disclosed this at the presentation of the budget implementation and performance monitoring report for...
