Debt Management Office in Nigeria announced on October 15 that public debt stands at N 25.7 trillion Nairas.
As at 30 June, 2019 Nigerian debt had increased by N 3.32 trillion in one year. Nigeria’s debt was N 22.38 trillion as at 30th June 2018.
The debt stock is composed of N 8.32 trillion equivalent to $27.16 billion as external debt and N 17.38 trillion as domestic debt.
