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Debt Managemen

Experts bemoan worsening debt profile, budget funding

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debt

TUNDE SHORUNKE Nigeria’s dwindling oil revenue and rising debt profile have continued to raise growing concerns among industry experts in the country. According to the latest figures from the Debt Management Office (DMO), the country’s total public debt stock increased by N1.21 trillion in 2020 Q1 to N32.22 trillion amid revenue shortfalls. Analysis of the […]

Ekiti debt profile hits N120bn as Fayose bows out

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Ekiti, Bamidele

The debt profile of Ekiti State which was N117 billion at the beginning of the year has risen to N120 billion. According to a document forwarded to the Debt Management Office by the outgoing state government, the state incurred additional debt of N3 billion between March and June this year. In September, Kayode Fayemi, governor-elect […]