The cost of domestic debt instruments issued by the Federal Government stood at N1.799trillion as at December 2018, representing an increase of N344.21bn or 23.65 per cent, over the N1.455trn at December 2017, the Central Bank of Nigeria Financial Markets Department annual activity report has shown.
This amount in debt charges alone, this is not sustainable. Yet, we have customs firs and oil. We need better management of our resources
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