CBN Loans: Nigeria's debt to hit N77 trillion, says DMO

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

An official noted that securitization of CBN loans will enhance debt transparency

The Director-General of the DMO, Patience Oniha, made this known in a statement on Thursday.

Last week, President Muhammadu Buhari requested a delayed approval for the N23.7 trillion loan that had already been spent, causing an uproar in the Senate. Lawmakers rejected the request and accused the president of violating the constitution. They also demanded details of how the money was spent. She added, however, that should the CBN loans be added to the debt profile, the nation’s debt portfolio would increase significantly.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

In other words, if the debts are not scrutinized, it's over N77 Trillion?

And she's wearing a smile?

Nigeria is very very rich I beg after Trillion, it will be Clliion in the midst of Poverty the Richer the Country & so-called Giant of Africa, the Poorer for the Mekunnus & Talakawas. APC Government is a Curse to the Nation & its Poor Citizens.

Did you noticed OFP⌛ I'm involved?

Don’t vote APC oooooo vote for someone who can be prudent and cut cost of governance and bring us back from extinction. Vote wisely don’t vote based on religion or ethnicity

And somepeople are still campaigning for the govt that brought us here😭😭😭😭😭😭

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buhari to leave behind debt of N77trThe outgoing administration of President Muhammadu Buhari will be leaving behind a debt of N77 trillion. PoliticsNGR A woeful administration...tueh, APC will never rule Nigeria again PoliticsNGR Obi is not afraid of debts... We'll come out of it PoliticsNGR And how much did they say is missing from stamp duty revenue again? Mtcheeew
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »

Nigeria's debt nears 77trn - DMO - Daily TrustDirector General, Debt Management Office (DMO), Patience Oniha, has said the incoming administration would inherit about N77 trillion debt by the time President Muhammadu Buhari’s tenure ends in May. Government ONIGBESE. Is that a good management? Despite huge amount of debts Nigerians never changed for good. Million of Nigerians are sliding to poverty zone
Source: Daily Trust - 🏆 13. / 51 Read more »

DMO: Incoming president to inherit N77trn debt | TheCablePatience Oniha, director general, Debt Management Office (DMO), says the incoming administration would inherit about N77 trillion as debt by the time President Muhammadu Buhari’s tenure ends in May. Oniha DMONigeria E good nau 😂😂 DMONigeria Eh God abeg oo DMONigeria And we think everything is alright with Nigeria
Source: thecableng - 🏆 2. / 80 Read more »

77 trillion debt: Alarm over national debt unnecessary - DMOThe Debt Management Office (DMO) has said that the alarm created around the country’s projected public debt was unnecessary. The Director-General, Mrs What is she smoking 🚬 or drinking 🍸? 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
Source: DailyPostNGR - 🏆 11. / 59 Read more »