Home FGN Nigeria’s total debt stock as at December 2021 stood at N39.556 trillion.

Nigeria’s total debt stock as at December 2021 stood at N39.556 trillion.

Director General of the Debt Management Office (DMO) Ms. Patience Oniha made the disclosure at a media interaction on Nigeria’s debt levels at the end of 2021.

Oniha said other arms of government are also responsible for Nigeria’s growing debt.
According to her: “It is not only the President and the Minister of Finance that endorse borrowing. The National Assembly passes the budget which contains how much will be borrowed after dudget defence and public hearings”.

Chinweuba Anyaragbuhttps://cdanewsonline.com
BEST SELLING BLOG THEME OF ALL TIMES. Follow us for more breaking news . Share,, like and Comment on our contents

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Oil Marketers Refute Threat To Stop Selling Fuel

The lndependent Petroleum Marketers Association of Nigeria, IPMAN, has denied planning to cease operations once the government enforces N195 per litre pump price. A statement...

Banks Break Silence On ‘Hoarding New Naira Notes’ After CBN Policy

Nigerian banks on Monday denied allegations of fuelling the scarcity of the redesigned naira notes across the country. Report has it that the Association of...

Peter Obi Arrives Lagos For NESG’s ‘Dialogue With Presidential Candidates’

The presidential candidate of the Labour Party, LP, Peter Obi, has arrived at the venue of the National Economic Summit Group in Lagos for...

Aisha Buhari Now Cabal,Instructs Service Chiefs – Naja’atu Mohammed

Naja’atu Mohammed, a former All Progressives Congress, APC, Campaign Director on Civil Society Organizations, has insisted that the wife of the President, Aisha Buhari,...

Recent Comments