The Debt Management Office has said that the alarm created around the country’s projected public debt was unnecessary.
According to her, the securitisation of the Ways and Means Advances will enable the DMO to include the debt in the public debt stock thereby improving debt transparency. She stated that the total debt stock included external and domestic debts of the Federal Government, the 36 state governments and the FCT.
“The debts that will be added to the public debt data in 2023 include the N1 trillion Ways and Means Advances to finance the supplementary budget.“It also includes N22.72 trillion Ways and Means Advances currently under the consideration by the NASS.
77 trillion debt? In other words Buhari's administration has plunged 200 million Nigerians into N385,000 (three hundred eighty-five thousand Naira) debt - per person. Unbelievable! Please Nigerians VoteWisely!! Lagos Plateau INEC Chukwuemeka Kano PeterObi4President2023 Nigeria
What is she smoking 🚬 or drinking 🍸?
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