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Nigeria Debt Heading For N27trn As Fg’s Borrowings Continue - Politics - Nairaland

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Nigeria Debt Heading For N27trn As Fg’s Borrowings Continue by Happisunday: 5:22pm 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....continue reading on https://www.happigist.com/nigeria-debt-heading-for-n27trn-as-fgs-borrowings-continue/

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