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Debt management Office

Each Nigerian owes N157,906 as debt stock rises to N33.1trn

EVERY Nigerian currently owes about N157,906.30 in terms of debt per capita as the country’s total public debt hits N33.1 trillion at the end...

Borrowing spree, debt service cost expose Nigeria’s precarious financial situation

NIGERIA'S Senate, last week, approved the sums of $1.5 billion and €995 million as external loans for the federal and state governments to fund...

Nigeria was not completely debt free in 2007, as claimed by Atiku Abubakar

FORMER Vice President, Atiku Abubakar, on Friday, stated that Nigeria experienced an unprecedented economic boom with a 6 per cent annual growth and paid...
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Fact-checking Reno Omokri’s claim on Nigeria’s debt profile 

ON 10th September 2020, Reno Omokri, an ex-spokesperson to the former president Goodluck Jonathan, claimed that Jonathan met a debt of N7.9trillion when he...

House of Reps says ministries signing off Nigeria’s sovereignty in Chinese loan agreements

THE House of Representatives Committee on Treaties, Protocols and Agreements has raised the alarm that Nigerian government ministries are signing off the country’s sovereignty...

Debt profile of six states where incumbents and predecessors trade accusations

SHORTLY after their inauguration on May 29, 2019, governors of Oyo, Ogun, Bauchi, Imo, Gombe and Zamfara have cried out that their predecessors have...
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Economy Dashboard



FACT CHECK: Did Fayose leave N170b or N120b debt profile in Ekiti?

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Recent

Makinde, Adediran emerge PDP’s guber candidates in Oyo, Lagos

OYO State Governor, Seyi Makinde, has emerged winner of the governorship primary of the Peoples Democratic Party (PDP). Makinde polled...

Insecurity: Soludo declares curfew in Anambra, bans okada, keke in eight LGAs

GOVERNOR of Anambra State Chukwuma Soludo has declared a curfew in the state. Soludo also banned motorcycles, popularly known as...

‘African economy needs annual GDP of 7% for 40 years to grow’

Africa needs to achieve an annual gross domestic product (GDP) growth of seven per cent for three to four...

2023: Peter Obi dumps PDP, silent on next move

PETER Obi, a presidential aspirant and former governor of Anambra State, has dumped the Peoples Democratic Party (PDP), three...

CBN debunks reports of Emefiele’s alleged sack

THE head, corporate communications, at the Central Bank of Nigeria (CBN), Osita Nwanisobi, has described the reported sack of...
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