Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year - Politics

Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year (317 Views)

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Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by Daily4mative(op): 11:12am On Jul 20, 2017*

Nigeria has incurred N4.76 percent debt within a period of one year.

This was disclosed on Wednesday by the Debt Management Office DMO who says that such was obtained in its 2016 Annual Report and Statement of Accounts.

It was learnt that Nigeria’s debt as of December 2016 stood at N17.36tn, up from N12.6tn a year earlier which reflects an increase of N4.76tn or 37.74 per cent within a period of one year.

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Re: Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by taylor88(m): 11:13am On Jul 20, 2017

na so

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Re: Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by goldtube(m): 11:14am On Jul 20, 2017

okay

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Re: Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by Daily4mative(op): 11:16am On Jul 20, 2017*

goldtube:
okay

we will survive it. cool

Re: Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by Nobody: 11:19am On Jul 20, 2017

We are in a government that's recovering money daily

Re: Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by ESDKING: 11:20am On Jul 20, 2017

Thanks to vegetable.

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Re: Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by EVarn(m): 11:21am On Jul 20, 2017

I hope the government is working seriously on economic diversification and infrastructural development that will yield revenue for us to pay off our debts in the future,else,we'd be in trouble if the borrowed money is for recurrent expenses.

Re: Nigeria’s Total Debt Increases With N4.76tn Per Cent Within A Period Of One Year by Hyperchi(m): 11:34am On Jul 20, 2017

So what about our recoved money ... E don lost

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