News

NBS: Public debt hits N32.92tr in December

 

The National Bureau of Statistics (NBS) on Monday said states and federal debt stock stood at N32.92 trillion as at December 2020.
Its data titled “Nigerian Domestic and Foreign Debt (Q4 2020)” on its website said while N12.71 trillion was external, representing 38.60 per cent of the total debt stock, N20.21 trillion, representing 61.40 per cent was domestic.
NBS said: “Nigerian States and Federal Debt Stock data as of 31st December 2020 reflected that the country’s total public debt portfolio stood at N32.92trillion.
“Nigeria’s total public debt showed that N12.71trillion or 38.60 per cent of the debt was external while N20.21trillion or 61.40 per cent of the debt was domestic”.
The data explained that further disaggregation of foreign debt showed that $17.93billion of the debt was multilateral; $4.06billion was bilateral from the AFD, EximBank of China, JICA, India, and KFW while $11.17billion was commercial which are Eurobonds and Diaspora Bonds and $186.70 as Promissory notes.
According to NBS, the total States and FCT domestic debt was put at N4.19trillion with Lagos state accounting for 12.15 per cent of the debt stock while Jigawa State has the least debt stock in this category with a contribution of 0.74 per cent.

SHOCKING LIFE STORY!!!

Abuja Man reveals (FREE) secret Fruits that Increased his Manh00d size and Lasting Power in 5days…

CLICK HERE TO GET IT!!!

%d bloggers like this:
Fake Richard Mille Replica Watches, www.richardmille.to The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica