The Minister of Finance, Zainab Ahmed, has said that Nigeria does not have a debt problem, but a revenue problem, despite concerns being raised over the country’s rising debt profile.
Speaking at a meeting with management staff of the Ministry of Budget and National Planning, she lamented over...
The Debt Management Office on Monday released the debt profile of the country as at March 31st 2017.
This is N1.8tn increase from the N17.36tn recorded at the end of December 2016.
As of March 31, 2015, the country’s total debt stood at N12.06tn. This means the debt level increased by N7.1tn...
Nigerian senate was shocked the Debt Management Office (DMO) on Thursday said the country’s total public debt stock comprising external and domestic borrowing of the Federal Government, 36 states and the Federal Capital Territory (FCT) is now $57.39billion equivalent to N17.36 trillion.
The...
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