November 23, 2024
Naira

The Federal Government and the 36 states, as well as the Federal Capital Territory, owed a total N27.4tn as of December 2019.

This is according to the latest figures released by the Debt Management Office.This development marks an increase in Nigeria’s public debt portfolio from September 2019, when the country owed a total of N26.22tn.

The N27.4tn includes the total external and domestic debt portfolios of the Federal Government and the states.

The Data shows that domestic debt amounting to N18.3tn accounted for 67.07 per cent of the total debt stock.

The Federal Government’s share of the domestic debt portfolio was N14.2tn, while the states and FCT owed N4.1tn.

The country’s total external debt was 9.02tn, which made up 32.93 per cent of the total debt portfolio.

Out of the total external debt sum, the Federal Government owe N7.5tn, while the states and the FCT owe N1.4tn of the total debt portfolio.

The DMO explained that the CBN official exchange rate of US$1 to N326 as of December 31, 2019, was used in converting the domestic debts to dollars.

59 thoughts on “FG, FCT, 36 states owe N27.4t – DMO.”

  1. I just want to say I’m very new to weblog and honestly savored you’re web-site. Almost certainly I’m likely to bookmark your site . You really have impressive writings. Thanks a lot for sharing your website.

    Reply

  19. Having read this I thought it was rather enlightening.
    I appreciate you taking the time and energy
    to put this content together. I once again find myself
    personally spending a lot of time both reading and commenting.
    But so what, it was still worthwhile!

    Reply

  20. Excellent website you have here but I was wondering if you
    knew of any user discussion forums that cover the same topics discussed here?
    I’d really love to be a part of online community where I
    can get feedback from other knowledgeable people that share the same interest.
    If you have any suggestions, please let me know.
    Kudos!

    Reply

  21. What’s Happening i am new to this, I stumbled upon this I’ve found It absolutely useful and it has helped me out loads.
    I hope to contribute & help different customers
    like its helped me. Great job.

    Reply

  22. Hey there would you mind letting me know which hosting company you’re using?

    I’ve loaded your blog in 3 completely different web browsers and I must say
    this blog loads a lot faster then most. Can you suggest a good hosting provider at a fair price?
    Many thanks, I appreciate it!

    Reply

  23. It’s in point of fact a great and helpful piece of information. I’m glad that you simply shared this
    helpful information with us. Please keep us up to date like this.
    Thanks for sharing.

    Reply

  24. I wanted to thank you for this fantastic read!!
    I definitely enjoyed every little bit of it. I’ve
    got you saved as a favorite to check out new stuff you post…

    Reply

  25. I’ll immediately take hold of your rss feed as I can not to find your email subscription link or newsletter service.

    Do you’ve any? Kindly allow me recognize so that I could
    subscribe. Thanks. games ps4 allenferguson games ps4

    Reply

  26. A motivating discussion is definitely worth comment.
    I do think that you ought to write more on this subject, it might not be
    a taboo matter but generally people do not speak about such
    subjects. To the next! Cheers!!

    Reply

  27. Hey There. I found your blog using msn. This is a very well written article.
    I will be sure to bookmark it and come back to read more
    of your useful info. Thanks for the post. I will certainly comeback.

    Reply

  28. Great post but I was wondering if you could write a
    litte more on this topic? I’d be very thankful
    if you could elaborate a little bit more. Many thanks!

    Reply

  29. Hey this is kind of of off topic but I was wanting to know if blogs use
    WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding experience so I
    wanted to get guidance from someone with experience.
    Any help would be enormously appreciated!

    Reply

  30. Wow, amazing blog layout! How long have you been blogging
    for? you made blogging look easy. The overall look of your site
    is great, let alone the content!

    Reply

  32. What’s up friends, how is the whole thing, and what you want to say on the
    topic of this post, in my view its really amazing designed for me.
    0mniartist asmr

    Reply

  33. Hello, i think that i saw you visited my blog so i came to go back the choose?.I am trying to
    to find things to enhance my site!I suppose its ok to use
    some of your ideas!!

    Reply

  34. Spot on with this write-up, I really believe that
    this web site needs far more attention. I’ll probably be returning to read through more, thanks for the information!

    Reply

  35. Can I just say what a comfort to discover somebody who truly understands what they’re discussing on the internet.

    You actually realize how to bring a problem to light and
    make it important. A lot more people really
    need to check this out and understand this side of your story.

    It’s surprising you aren’t more popular since you
    surely possess the gift.

    Reply

  37. scoliosis
    What’s up everyone, it’s my first pay a quick visit at this website, and post
    is truly fruitful in favor of me, keep up posting such content.
    scoliosis

    Reply

  38. dating sites
    Fantastic blog! Do you have any helpful hints for aspiring writers?

    I’m planning to start my own site soon but I’m a little lost on everything.
    Would you propose starting with a free platform like WordPress or go for
    a paid option? There are so many choices out there that I’m
    completely confused .. Any tips? Appreciate it! https://785days.tumblr.com/ free
    dating sites

    Reply

  39. Thanks for any other informative web site. The place else may just
    I am getting that type of info written in such an ideal means?
    I’ve a project that I am just now working on, and I’ve been on the look out
    for such information.

    Reply

  40. Thank you for any other informative site. Where else may I get that kind of info written in such a perfect means?
    I have a venture that I am simply now operating on, and I have been at the look out for
    such information.

    Reply

  42. Hello, I think your web site could be having browser compatibility issues.

    Whenever I look at your blog in Safari, it looks fine however, when opening in Internet Explorer, it has some overlapping issues.
    I merely wanted to provide you with a quick heads up!
    Apart from that, wonderful website!

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Related News

Troops

Nigerian  Army 6 Brigade troops arrests  two, recover  AK 47 riffles from kidnappers in Taraba State

November 20, 2024 24
IMG-20241119-WA0001

Ag.COAS assures on Army personnel  welfare, protection of Nigeria and citizens as top priority.

November 20, 2024 4