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NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 (5899 Views)

Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO / NBS: Nigeria’s Total Public Debt Increased By ₦2.4 Trillion In Q2 2020 / Despite Fight, Corruption Still Thrives In Nigeria, NBS Says (2) (3) (4)

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NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by rodeo0070(m): 7:41am On Oct 23, 2019
Nigerian States and Federal Debt Stock data as at 30th June 2019 reflected that the country's total public debt portfolio stood at N25.70trn.

Further disaggregation of Nigeria's total public debt showed that N8.32trn or 32.38% of the debt was external while N17.38trn or 67.62% of the debt was domestic.

Similarly, total domestic debt was N3.97 trillion with Lagos state accounting for 12.08% of the total domestic debt stock while Yobe State has the least debt stock in this category with a contribution of 0.69% to the total domestic debt stock.

SOURCE: https://brandspurng.com/2019/10/23/nigerias-total-public-debt-stood-at-n25-70trn-in-q2-2019-says-nbs/

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by ursullalinda(f): 8:03am On Oct 23, 2019
Seem generation yet unborn will pay part of this debt..... because we are still borrowing more and not paying.... In situations like this you can't help but appreciate OBJ and Ngozi Okonji Iwuoha.....Lagos I hail oh

29 Likes 2 Shares

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Jayslicky: 8:04am On Oct 23, 2019
shocked

Nigeria's next level, what a pity. Our debt now surpasses our yearly budget.

8 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Tensor: 8:04am On Oct 23, 2019
They keep borrowing as if they can pay back

11 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by caprini1: 8:04am On Oct 23, 2019
Hmmmmm... Odiegwu!
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by explosiveskull(m): 8:04am On Oct 23, 2019
ursullalinda:
angry
HOW FAR
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by MANNABBQGRILLS: 8:04am On Oct 23, 2019
Further disaggregation of Nigeria's total public debt showed that N8.32trn or 32.38% of the debt was external while N17.38trn or 67.62% of the debt was domestic.
What our politicans have stolen and looted since our democracy started is much more huge than this.

Mrs Allison Madueke, the frog eyed thief's loot will shrink this debt to some reasonable extent.

For this country to move forward, heads must roll.
Criminals must be jailed for years.

TGM2015:
Lazy Nigerian Youths.
As at June 2015,Nigeria debt profile was about N23trn.

$63.806bn x N360 = N22.90trn approximately
N25.70trn - N22.90trn = N2.8trn
Thus, Buhari has been paying those debt his administration incurred.



https://www.premiumtimesng.com/news/headlines/293012-fact-check-how-accurate-is-osinbajos-claim-on-nigerias-debt-profile.html/amp/
This is an eye opener!

5 Likes 5 Shares

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by iamapplord(m): 8:04am On Oct 23, 2019
And they will say "Lets do it again 2023"...


God please help Nigeria for us!

4 Likes 1 Share

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Temptee101(m): 8:05am On Oct 23, 2019
sad

Congratulations Nigeria

Yet another enviable milestone achieved by the Mamman Daura led administration

Who says bubu is not working?

17 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Cryomancer: 8:05am On Oct 23, 2019
Ladies and Gentlemen... Your'e officially welcome to the next level..


Buhari and FG can incur more debts as the wish please, the tribalistic and sentimental Nigerians are solidly behind you. You have nothing to worry about. Their children will pay for it.


it's too late for Nigerians to have sense..... Goodluck to Buhari, Nigerians don't deserve Patience

6 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by nauto5: 8:05am On Oct 23, 2019
I see
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Sylraph1: 8:05am On Oct 23, 2019
what was it used for

At times, to think that Nigeria drill the same oil as UAE, you will stand to think That Nigeria is CURSED

Thier leaders use their own for the betterment of thier people and country but our own greedy,selfish and wicked leaders embezzle ours and yet we still come to praise and fight over them.

Na only God go help us for this SHITHOLE

2 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by prezee1(m): 8:05am On Oct 23, 2019
na them sabi,

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by 1shortblackboy: 8:05am On Oct 23, 2019
See debt. Kuku sell us na

1 Like

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by brownbib(m): 8:05am On Oct 23, 2019
lipsrsealed
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by steveDpro: 8:05am On Oct 23, 2019
Not surprised about that
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Equity15(m): 8:10am On Oct 23, 2019
who will pay back this debt biko?

1 Like

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Elvis2kay: 8:10am On Oct 23, 2019
grin
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Racoon(m): 8:11am On Oct 23, 2019
Chronic Debts Pillage, Taxation, non-feasible economic reforms, negative indices of bad governance are all that are associated with this government.

3 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by SonofAdoke: 8:12am On Oct 23, 2019
Blessed are the Youth for they shall inherit National Debt�

4 Likes 1 Share

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Luckysbab: 8:12am On Oct 23, 2019
Let's exchange the so-called corrupt persons for debt forgiveness na.

The creditors can then find a way to recover their monies from them.

3 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by bestman09(m): 8:14am On Oct 23, 2019
cheesy

And some Zone Bs are shouting sai bar bar upandan. More will still be borrowed to fund the budget. #Nextlevelchange

4 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by four4: 8:14am On Oct 23, 2019
Years to come our unborn generations will curse this present generation and those b4 us because we are here doing nothing while some people are mortgaging there destiny

3 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Nobody: 8:20am On Oct 23, 2019
Another aftermath of satanic next evil!


#govt of thieves,
By thieves,
For foooooools!

2 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by realstars: 8:22am On Oct 23, 2019
Sorry for the unborn generation, thy will pay for being born nigerians, kudos to pdp integrity.
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by chuksville(m): 8:23am On Oct 23, 2019
My question is, what are they even using this money for? because I'm yet to see any improvement in any sector in this country.

3 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by PureGoldh(m): 8:27am On Oct 23, 2019
Issoryt
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Zombiekiller010: 8:29am On Oct 23, 2019
Abacha re-loot comes to my mind

2 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by gurunlocker: 8:30am On Oct 23, 2019
MANNABBQGRILLS:

What our politicans have stolen and looted since our democracy started is much more huge than this.

Mrs Allison Madueke, the frog eyed thief's loot will shrink this debt to some reasonable extent.

For this country to move forward, heads must roll.
Criminals must be jailed for years.

It seems you are high.... You are shielding your boss abi?

I guess Madueke is also responsible for the 3trillion naira + increase in the last one year?

5 Likes

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by MANNABBQGRILLS: 8:31am On Oct 23, 2019
gurunlocker:


It seems you are high.... You are shielding your boss abi?

I guess Madueke is also responsible for the 3trillion naira + increase in the last one year?
Are you tired of typing and wailing?!
Don't be please, you still.have 4 years to do that.
Happy wailing in advance kiddo!

1 Like 2 Shares

Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by blueghost(m): 8:33am On Oct 23, 2019
What a pity cry

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