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..
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..
“This shows that public debt (in national currency) grew by 20.81 per cent in the second quarter of 2022 from figure recorded in the second quarter of 2021.”
By Tony Obiechina, Abuja In line with its practice, the Debt Management Office (DMO) has published Nigeria’s Total Public Debt…