Islamic Finance

DMO: Nigeria owes the IMF, World Bank, others N32.22tn


Published 05 Jan,2021 via BizWatchNigeria - The Debt Management Office, DMO, on Tuesday released Nigeria’s total public debt stock as of September 30, 2020, and put the country’s entire debt at N32.22tn ($84.57bn), indicating an increase of N1.21tn in three months.

Nigeria’s total public debt stock includes the Federal Government’s external and domestic debt stock, the 36 states, and the Federal Capital Territory.

For the country’s public debt stock as of September 30, 2020, the DMO said, “Total Public Debt Stock released by the Debt Management Office, revealed that the Total Public Debt Stock stood at N32.22tn or $84.574bn.”

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tags:

Sukuk
Debt
Government budgets
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