POLITICS NIGERIA reports that the outstanding payments will be made up of N44.06 trillion total debt stock as of the third quarter of 2022, N22.7 trillion Ways and Means borrowed from the Central Bank of Nigeria , projected new borrowings of N10.57 captured in the 2023 budget, and issuance of promissory notes.
The DMO helmsman who spoke at the “Public Presentation and Breakdown of the Highlights of the 2023 Appropriation Act” in Abuja on Wednesday argued that if the National Assembly approves the ‘securitisation’ of the N22.7 trillion Ways and Means debt secured from the CBN, the cost of servicing the loan would significantly reduce.
PoliticsNGR This should be the highest debt right?
PoliticsNGR What is bothering me the most is that some suffer head people still want us to continue with this devilish criminal organisation called APC. The worst part is they are now rooting for the real big thief that turned a state to his ATM machine, that means we are done if it happens.
PoliticsNGR That's Buhari's regime
PoliticsNGR Ofu
PoliticsNGR Can the man just go?
PoliticsNGR And how much did they say is missing from stamp duty revenue again? Mtcheeew
PoliticsNGR Obi is not afraid of debts... We'll come out of it
PoliticsNGR A woeful administration...tueh, APC will never rule Nigeria again