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July 11, 2019 Nigeria’s Total Public Debt Rise To N24.947 Trillion As Of March 31.

Nigeria’s total public debt rose to N24.947 trillion as of March 31, from N24.387 trillion as of December 31, 2018, growing marginally by 2.30 per cent, the Debt Management Office said.

 

A statement issued by the office on Wednesday in Abuja said that the debt stock comprises of domestic and external debts of the Federal Government, the 36 States and the Federal Capital Territory.

 

It added that the debt which rose by N560 billion was accounted for largely by domestic debt which grew by N458.36 billion, while external debt also increased by N101.64 billion during the same period.

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