Nigeria’s Debt Rises By N9.61tn Under Buhari - Politics - Nairaland
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| Nigeria’s Debt Rises By N9.61tn Under Buhari by ybtcnews: 6:03pm On Mar 15, 2018 |
Under President Muhammadu Buhari, Nigeria has grown its debt portfolio by N9.61tn, statistics available from the Debt Management Office have shown. According to the DMO, Nigeria’s debt stood at N21.73tn as of December 31, 2017, while the figure as of June 30, 2015 was N12.12tn. This means that within a period of 30 months – July 2015 to December 2017 – the country’s debt rose by N9.61tn, or 79.25%. In a statement made available to our correspondent in Abuja on Wednesday, the DMO said the composition of the debt stock as of the end of 2017 showed that external debt was 26.64% of the portfolio, up from 20.04% in 2016; while the domestic debt was 73.36%, down from 79.96% in 2016. Full Story Link: http://ybtcnews.com/2018/03/15/nigerias-debt-rises-by-n9-61tn-under-buhari/ |
| Re: Nigeria’s Debt Rises By N9.61tn Under Buhari by TheKingdom: 6:28pm On Mar 15, 2018 |
And they are celebrating the increase in foreign reserves LOL. Confused illiterates and Niggers from the Nigger Area |
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