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Govt’s Local Debt Hits N10.8tn, Owes Foreign Creditors $11.5bn

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...