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Domestic Debt

Dapo Abiodun to spend N950m monthly as welfare packages for his office amid state’s huge debt

OGUN State Governor Dapo Abiodun's office will spend N11.4 billion on welfare packages and another N1.2 billion on travel...

Each Nigerian owes N449,000 as debt rises to N97.34 trn

THE latest Debt Management Office (DMO) report has shown that Nigeria’s total public debt rose to N97.34 trillion as...
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Each Nigerian owes N396,376 as public debt rises to N87.4 trillion

AN analysis of Nigeria's public debt stock, released by the National Bureau of Statistics, has shown that each Nigerian...

20 states reduced their domestic debts by N62bn in three months

DATA from the Debt Management Office (DMO) have shown that the total domestic debt figure for the 36 states...
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10 re-elected governors ‘pushed up’ debts by 55% in four years

TEN governors, who were re-elected into office for a second term, increased the debt profiles of their states by...

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...
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