Total Debt N900bn To N12.1trn In 3 Months - DMO - Business - Nairaland
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| Total Debt N900bn To N12.1trn In 3 Months - DMO by Nationaldaily: 6:29pm On Jul 02, 2015 |
The DMO said on its website that foreign debt stood at $9.46 billion at the end of March, equivalent to about 15 percent of total debt and down from $9.71 billion at the end of 2014. . But as oil prices plunged last year, government revenues slumped, leaving Abuja struggling to pay bills including state salaries. The currency has also come under intense pressure. Read More: http://nationaldailyng.com/business/business-news/4314-total-debt-n900bn-to-n12-1trn-in-3-months-dmo |
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