Nigeria’s total debt stock shoots up to N44.6 trn Q3, 2022

*DMO cites borrowings FG, to part -finance 2022 budget deficit, new borrowings by sub-nationals

Nigeria’s total debt stock, which comprises of external debt and domestic debts of the Federal Government, the 36 states and Federal Capital Territory (FCT), increased to N44.6 trillion in the third quarter of this year (Q3 in 2022).
Debt Management Office (DMO), which confirmed latest debt figure on Friday on its website, said the figure represents a 2.9 per cent quarter-on-quarter decline when compared to N42.84 trillion recorded Q2, June 2022.
The debt agency attributed the increase in public debt to new borrowings by the Federal Government to part-finance the deficit in the 2022 Appropriation Act, as well as new borrowings by sub-nationals.
According to DMO, the total public debt stock comprises domestic debt of N26.92 trillion and external debt of N17.5 trillion.




Abuja Civil Servant reveals (FREE) secret Fruits that Increased his Manh0d size, gives Stronger Erections and ends Premature Erection in 7days...




%d bloggers like this:
Fake Richard Mille Replica Watches, 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