Nigeria’s total public debt has grown to N49.95 trillion
Written by Felix Ohaejesi on June 26, 2023
Nigeria’s total public debt as of March 31, 2023, has grown to N49.95 trillion ($108.30 billion). The country’s public debt added another N3 trillion between December 2022 and March 2023.
The Debt Management Office (DMO) in its quarterly assessment of the country’s debt profile said the new figure of N49.95 trillion does not include the N22.719 trillion Ways and Means facility from the Central Bank of Nigeria (CBN).
