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Nairaland Forum / Nairaland / General / Politics / National Debt Heads For N27trn As FG Borrowings Continue (371 Views)
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National Debt Heads For N27trn As FG Borrowings Continue by yourtotalneeds: 10:14am On Jul 01, 2019 |
NIGERIA’s public debt will rise above N27 trillion this year triggered by increased Federal Government borrowing to fund the 2019 budget. The nation’s debt stock has been on a steady and sharp upward trend since 2011, due to increased borrowing by the Federal Government and depreciation of the naira. Data by the Debt Management Office (DMO) showed that the total public debt rose by 121 percent to N12.603 trillion in 2015 from N5.66 trillion in 2011. However, from 2015 it has ballooned by 93.6 percent to N24.39 trillion in 2018. Nigeria Nigeria- map Financial yourtotalneeds.com investigations showed that.... read more here>> https://www.yourtotalneeds.com/national-debt-heads-for-n27trn-as-fg-borrowings-continue/ |
Re: National Debt Heads For N27trn As FG Borrowings Continue by Tocynone(m): 10:16am On Jul 01, 2019 |
I'm sure one day, this government will place the country on Aliexpress with a price tag. SMH |
Re: National Debt Heads For N27trn As FG Borrowings Continue by yourtotalneeds: 10:21am On Jul 01, 2019 |
Tocynone:lols.... you have a point my brother |
Re: National Debt Heads For N27trn As FG Borrowings Continue by daddytime(m): 10:23am On Jul 01, 2019 |
We have individuals in this country who are professional "borrowers and no pay", why don't the FG contract them to help them out. The lenders for enter bad market... Make person like Ubi consult for fg... |
Re: National Debt Heads For N27trn As FG Borrowings Continue by SarkinYarki: 10:25am On Jul 01, 2019 |
Worst Govt ever worst worst worst |
Re: National Debt Heads For N27trn As FG Borrowings Continue by yourtotalneeds: 10:28am On Jul 01, 2019 |
yourtotalneeds:NEXT LEVELS |
Re: National Debt Heads For N27trn As FG Borrowings Continue by Wayne4uall(m): 10:56am On Jul 01, 2019 |
What is the way farward |
Re: National Debt Heads For N27trn As FG Borrowings Continue by Abeymills(m): 10:59am On Jul 01, 2019 |
Very useless govt appoint ministers he no gree na ruga e dey do useles wicked govt |
Re: National Debt Heads For N27trn As FG Borrowings Continue by yourtotalneeds: 11:01am On Jul 01, 2019 |
Wayne4uall:Pray to God aspire to become the next leader, if only u can make the difference |
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