Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In 12 Months

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The Debt Management Office on Tuesday said that Nigeria’s total public debt rose by N3.32trn in 12 months to N25.7trn as at the end of June 2019.

According to the agency, the Nigerian Government owed N20.42trn as of June 30, 2019 while the 36 states and the Federal Capital Territory had a total debt profile of N5.28trn.

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