Nigeria's Debt Hit 📉N25.7Trn In June - DMO Reveals

  |   Nigeria News

The Debt Management Office, DMO, has said as at June 30, Nigeria owes N25.7 trillion in debt both domestically and externally.

The DMO said this in its 'Total Public Debt Portfolio' obtained from its website on Wednesday in Abuja.

The News Agency of Nigeria (NAN) reports that as at December 31, 2018, Nigeria's total debt stock stood at N24.38 trillion.

The present figure shows an increase in the debt stock of N1.32 trillion.

The DMO said that the current total debt stock comprised both the Federal Government debt, that of the 36 states and the Federal Capital Territory (FCT).

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