Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,188 members, 7,811,481 topics. Date: Sunday, 28 April 2024 at 12:44 PM

Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics (7304 Views)

Each Nigerian Owes N396,376 As Public Debt Rises To N87.4 Trillion / 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 (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by politicoNG: 11:56am On Nov 18, 2022
As of June 2022, Nigeria’s public debt runs in the billions of dollars and the majority of creditors are Nigerians.

According to data from the Central Bank of Nigeria (CBN), the total public debt in Nigeria is an estimated $151.3 billion as of June 2022, relative to an estimated $103.3 billion reported by the Debt Management Office (DMO).

Our estimates also assume the official exchange rate of N414/$1 used by the Debt Management Office.

https://twitter.com/Nairametrics/status/1593556309005275136?t=EbZkCOVske6NUHFbD7RSgw&s=19

1 Like 3 Shares

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by PrinceOfLagos: 11:57am On Nov 18, 2022
Chei, the next government is in trouble

See what APC has done to this country

47 Likes 2 Shares

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by slivertongue: 12:20pm On Nov 18, 2022
Buhari's incompetence responsible for the high debt profile. Say no to the plague called APC

29 Likes 1 Share

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by kettykin: 12:22pm On Nov 18, 2022
Wow APC has ruined Nigeria , Femi Adesina, Lai Mohammed, Festus keyamo, Ahmoda Ogunlere aka Bola Ahmed Tinubu, Babatunde Fashola, come and see your handwork

34 Likes

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Warldbest(m): 1:09pm On Nov 18, 2022
Where dem dey, suffering no dey tire una.
Obidatti2023

12 Likes 1 Share

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Racoon(m): 1:09pm On Nov 18, 2022
Debts that have long been looted? Now who will pay all these humongous debts they have accumulated in these their disastrous years in power? Government onigbese.

2 Likes 1 Share

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by DesChyko: 1:10pm On Nov 18, 2022
Borrowing isn't such a bad thing when used prudently.
Just that the crop of leaders we have are mostly fantastically corrupt. Imagine since we began having state governors; only two have been able to leave the state Bank balance in thick green after meeting it in depressing red. Fantastically corrupt, I tell you.

The projects our country borrow for are outrageously priced compared to even our African brothers.
The projects are dragged along as if it wasn't the purpose the funds were initially borrowed for.
In the end, a number of them are phantom projects; some never get done; and some are just not properly planned.
The common man does not feel the impact of a good number of the projects; while the leaders keep living affluent lifestyles that 95% of the rest population can only dream of.
The struggle keeps getting worse. The only thing we own is our happiness.

May God support us in getting the one true President we need to come in and sanitize the system. We have really tried.
cry

6 Likes

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Brendaniel: 1:10pm On Nov 18, 2022
And 90 percent of this debt was brought by PDP and APC with nothing significant to really show for it, reason we don't need them in 2023


Vote for prudence, vote for competence, vote for accountability - Vote 4 Peter Obi

9 Likes

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Mindlog: 1:10pm On Nov 18, 2022
Huge chunk ended up in private pockets.
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by emmanuelbrown26: 1:10pm On Nov 18, 2022
Beautiful, this is d real change we are all talking about.
I'm fuckingly enjoying dis, a man that couldnt achieve anything after being head of state, is what idiots said is d messiah.
Then, another drug lord wants to continue from where Buhari stopped.
Buhari ride on, we d sensible ones dey ur back, u can borrow more for next year election.

5 Likes 2 Shares

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Aufbauh(m): 1:10pm On Nov 18, 2022
Our polithievcians has really cash out over the years.
There's nothing much to show for this except for the infrastructural development this Buhari govt has embarked on.
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by money121(m): 1:11pm On Nov 18, 2022
Ok
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Kaycee9242(m): 1:11pm On Nov 18, 2022
These people will not die well

3 Likes

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by youngreezy(m): 1:11pm On Nov 18, 2022
and tinubu wan still continue where buhari stop....
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by princeade86(m): 1:11pm On Nov 18, 2022
Good.
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Nwaezeudo: 1:11pm On Nov 18, 2022
Shame on the disastrous APCshit!
Shame on the Bababluebla drug lord that want to continue from the current nemesis.

VOTE WISELY
VOTE OBI/DATTI ✅

3 Likes 1 Share

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Abdul4trust1(m): 1:12pm On Nov 18, 2022
Total debt including states debts
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by gabemuyi: 1:12pm On Nov 18, 2022
H
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by WibusJaga: 1:12pm On Nov 18, 2022
.

That's over N500,000 owed by every Nigerian. cheesy
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by szczescie(m): 1:13pm On Nov 18, 2022
Wetin dem use the money do?

4 Likes

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Abdul4trust1(m): 1:13pm On Nov 18, 2022
slivertongue:
Buhari's incompetence responsible for the high debt profile. Say no to the plague called APC
total public debts including states debts.
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Mrbenny001: 1:14pm On Nov 18, 2022
This na small money na
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by blesson04(m): 1:15pm On Nov 18, 2022
.


Those borrowing the government money are contributing to our crises, I pray we won't wake up one day and find out that Nigerians have been used as collateral



Anyways I buy and secure PayPal, Venmo, Apple Pay, and Cashapp deals at good rates
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by gabemuyi: 1:15pm On Nov 18, 2022
G
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Ashez: 1:16pm On Nov 18, 2022
I pray God grants Peter Obi the grace to handle this when he takes over next year, we have a very long way to go, why on earth should APC still remain as a party, not to talk of contesting?

2 Likes

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by nedekid: 1:16pm On Nov 18, 2022
kettykin:
Wow APC has ruined Nigeria , Femi Adesina, Lai Mohammed, Festus keyamo, Ahmoda Ogunlere aka Bola Ahmed Tinubu, Babatunde Fashola, come and see your handwork
They should be tried for crimes against Nigeria.
Next gov should start by seizing Tinubu's fleet of jets, if as they claim it is not drug money, then it must be Nigerias money. If not he should show us his industries, businesses that gives him trillions. Or better still if it is juju, he let him show us as juju is allowed.

1 Like 1 Share

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Dare1971(m): 1:20pm On Nov 18, 2022
That doesn't look good.
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by yinkeys(m): 1:20pm On Nov 18, 2022
Three digits into the billions shocked
That’s huge
What was the money used for
Corruption obviously

1 Like

Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by Stronghold91: 1:21pm On Nov 18, 2022
PrinceOfLagos:
Chei, the next government is in trouble

See what APC has done to this country
only tinubu can pay this debt,
don't forget America debt is in trillions of dollars
Re: Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics by iwaeda: 1:21pm On Nov 18, 2022

(1) (2) (3) (Reply)

I Will Be President - Dele Momodu / Hon. Olatoye Sugar Shot Dead, Confirmed By Doctors / ESN Camp In Rivers State Being Addresed By IPOB Leader (Video)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 21
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.