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Nigeria’s Debt Profile Hits N28.63tn - Politics - Nairaland

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Nigeria’s Debt Profile Hits N41.60 Trillion, Says DMO / Debt Profile Of The 36 States As At December 2018 (Pictured) / Ekiti Debt Profile Hits N120bn As Fayose Bows Out (2) (3) (4)

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Nigeria’s Debt Profile Hits N28.63tn by Racoon(m): 2:10pm On Jul 03, 2020
The total public debt portfolio of Nigeria has risen to N28.63tn, the Debt Management Office announced on Thursday.

In its Public Debt Portfolio report released on Thursday night, the DMO explained that the country’s total debt rose from the N27.4tn recorded in December 2019 to N28.63tn in March 2020.

This indicates that within a space of three months, the country’s public debt portfolio grew by N1.23tn, representing 4.48 per cent.

Nigeria’s total external debt obligations as of the end of March this year stood at N9.99tn, the debt office also stated.

The N9.99tn is about N970bn higher than N9.02trn which was recorded as external debt obligations in December 2020.The debt office said the country’s domestic debt was N18.64tn, representing 65.11 per cent of the Nigeria’s debt stock.

https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1

6 Likes 2 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by XXXXTENTACION: 2:13pm On Jul 03, 2020
Wahala yazzzo cry




debt wey we no know how they even spend am. undecided




bad roads everywhere
insecurity everywhere
poverty everywhere.

143 Likes 6 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by francisbarrack(m): 2:16pm On Jul 03, 2020
d jagajaga don come to pass. koosi owoo loode.
naija still dey owned wen oda country dey progress.

6 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by SmartProf(m): 2:19pm On Jul 03, 2020
Debt is a form of bondage...It is a financial termite. You cant be in continuous debt and significantly progress, that's why Nigeria is where we are. Our leaders lack sense, else they would have asked themselves why they are always borrowing, and never lending to any Nation

70 Likes 5 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by Racoon(m): 2:20pm On Jul 03, 2020
Servicing these debts itself is not a sound economic policy but Nigeria case @ present is a government that is just senselessly obsessed with endless borrowings.

27 Likes 2 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by Anwons(m): 2:21pm On Jul 03, 2020
When people without direction are in control of governance, news of this kind are inevitable!

81 Likes 1 Share

Re: Nigeria’s Debt Profile Hits N28.63tn by DonFreshmoney(m): 2:24pm On Jul 03, 2020
No wonder the herdman in aso rock during his virtual chat with EU leadsers asked for debt relief.. he thinks they are fools, you borrow money stupidly which ends up looted by your cabals and you have the balls to ask for forgiveness of debt

106 Likes 10 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by temblor1(m): 2:27pm On Jul 03, 2020
Racoon:

https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1
Lalasticlala Mynd44
It's time to flee from this country angry

7 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by psucc(m): 2:29pm On Jul 03, 2020
Anytime una mention Nigeria's debt profile una remind Buhari to borrow more.
That 28tr seems 28m to him.

61 Likes 5 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by franchasng: 6:05pm On Jul 03, 2020
angry

1 Like

Re: Nigeria’s Debt Profile Hits N28.63tn by ursullalinda(f): 6:06pm On Jul 03, 2020
Buhari is doing everything possible to carry Nigeria along with him when he goes to meet his ancestors........The man don finish us.

78 Likes 7 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by goldenboyofpsy(m): 6:06pm On Jul 03, 2020
We need to do something urgent about this issue of rising debt cos Las Las,Na we all go suffer am

4 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by JohnnyPalmer: 6:06pm On Jul 03, 2020
They will eventually sell this country off to the Chinese

Government of borrow borrow and looting

12 Likes 2 Shares

Re: Nigeria’s Debt Profile Hits N28.63tn by Balenciagaokey: 6:06pm On Jul 03, 2020
angry
Re: Nigeria’s Debt Profile Hits N28.63tn by WaywardSon(m): 6:06pm On Jul 03, 2020
2020: Federal Republic Of Nigeria grin































2030: Communist Republic Of Nigeria cheesy

The Ultimate Ten Year Challenge

7 Likes 1 Share

Re: Nigeria’s Debt Profile Hits N28.63tn by sevo(m): 6:06pm On Jul 03, 2020
Ajala the borrower...at least, the man is competent in one area....borrowing to stupor!!..jonathan right now after seeing all his efforts to reduce our debt profile going up in flames... And ajala after seeing his current debt profile..

39 Likes 1 Share

Re: Nigeria’s Debt Profile Hits N28.63tn by joelag: 6:06pm On Jul 03, 2020
Buhari.

3 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by Slawormir: 6:06pm On Jul 03, 2020
Damnnnnn niggarrr
What da fuckkkk
Re: Nigeria’s Debt Profile Hits N28.63tn by GeneralPula: 6:06pm On Jul 03, 2020
Funniest thing is that there are people in this country that has more than that money..

God dey sha..

4 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by AfroBeatDiary: 6:07pm On Jul 03, 2020
Nawa o, these politicians keep mortgaging our collective future to further put us into a deeper shit, the street is becoming hard for people to survive, gone are the days where you see BSc graduates on the street, these days MSc grads don dey even dey compete, imagine someone with MSc competing for #20k Npower job.

Dugbe Dugbe n mi loke!

******
This is a footage of Nigeria Visually impaired artiste doing a remake of Dagrin ft. Omawumi

https://www.youtube.com/watch?v=QPgFII7iz9A

https://www.nairaland.com/5966168/group-visually-impaired-artiste-remake

4 Likes 1 Share

Re: Nigeria’s Debt Profile Hits N28.63tn by Nairaoddz: 6:07pm On Jul 03, 2020
Good for us


Thank God, I don't care

Just hustle and enjoy

If you're into b*tting you're good to go


Mention me so you can get it ,den appreciate

Nairaodds keep mking wonders
Re: Nigeria’s Debt Profile Hits N28.63tn by Firstorderwizard(m): 6:08pm On Jul 03, 2020
How e take concern me??
My only problem now is the shoe I will wear to snap NPower passport undecided

2 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by juustine777(m): 6:08pm On Jul 03, 2020
HALA!
Re: Nigeria’s Debt Profile Hits N28.63tn by Jakemedg(m): 6:08pm On Jul 03, 2020
With the rate of poverty in the country
Re: Nigeria’s Debt Profile Hits N28.63tn by deji17: 6:08pm On Jul 03, 2020
What is the equivalent of this in USD?
2010 - 2020 (10 years) : Nigeria Debts Journey.

1 Like

Re: Nigeria’s Debt Profile Hits N28.63tn by Nobody: 6:08pm On Jul 03, 2020
Buhari has used us as collateral to receive foreign loan.Another slave trade loading

5 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by OgbanjeProphet: 6:08pm On Jul 03, 2020
28.63 trillion Naira is not too bad yet kiss

By the time Buhari leaves office, it will have gotten to one hundred thousand million billion trillion Naira.

Those clamoring for Igbo president, hope you all know that the next president will be in hot soup.

Unless it is a Peter Obi or somebody like that.

14 Likes 1 Share

Re: Nigeria’s Debt Profile Hits N28.63tn by dynicks(m): 6:08pm On Jul 03, 2020
angry
Re: Nigeria’s Debt Profile Hits N28.63tn by OLDESTWARRIBOY: 6:08pm On Jul 03, 2020
How much trillion

2 Likes 1 Share

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