DMO puts Nigeria’s public debt stock at N24. 947 trn

The nation’s public debt stood at N24. 947 trillion ($81.274 billion) at the end of March, this year. Abraham Nwankwo DG, Debt Management Office

The data released by the Debt Management Office (DMO) in Abuja, this morning, was an indication of a marginal 2.3 per cent increase when compared to the public debt stock, as at end December, 2018.

According to the DMO, the debt stock represented the total debts of the federal government, the 36 states and the Federal Capital Territory (FCT). FG may issue Eurobonds to finance 2019 budget — DMO(Opens in a new browser tab) Details later… Vanguard