Nigeria public debt hits N97trn in December 2023

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Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion (108.229 billion dollars), according to data released by the Debt Management Office (DMO) on Friday in Abuja.

Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion , according to data released by the Debt Management Office on Friday in Abuja.Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion , according to data released by the Debt Management Office on Friday in Abuja.

It said that the increase was largely due to new domestic borrowing by the Federal Government to part – finance the deficit in the 2024 budget, and disbursements by multilateral and bilateral lenders. Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion , according to data released by the Debt Management Office on Friday in Abuja.

The border between Niger and Nigeria reopened to road traffic on Friday seven months after it was closed following a military coup in Niamey, local people told AFP. Benue Governor, Hyacinth Alia, on Friday inaugurated 30-man mining marshals to curb illegal mining of solid minerals across the State.

 

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