
Budget deficits push Nigeria’s debt above N46trn in 2022 –DMO
As at the end of 2022, Nigeria public debt ballooned to N46.25 trillion, whopping $103.11 billion, a report from the Debt Management Office (DMO) said on Thursday. The nation’s debt profile increased by N6.69trn trillion (an equivalence of $7.34 billion) within one year. The comparative figure of public debt as of December 31, 2021, was…