By Philip Clement, Abuja Concerns by stakeholders, experts and ordinary Nigerians over the country’s rising public debt are mounting. The anxiety comes at a time when the country utilizes a large chunk of its revenue to service debts. For instance, in the 2021Appropriation Act, the Federal
By Philip Clement The Debt Management Office (DMO), has announced that the total public debt stocks of Nigeria is now N31.009 trillion as at June 31, 2020, representing 8.3 per cent rise from N28.628 trillion in March 2020. The DMO in a report said the figure comprised the debt stock of the federal government, the […]