How the Nigerian Railway Modernisation Project (Lagos – Ibadan section) loan got $1.267 billion lion share + data on projects and how much was borrowed to finance them Nigeria’s total debt stock comprising federal, states and the Federal Capital Territory (FCT) stood at N33.107 trillion or $87.239 billion as at March 31, 2021. Platforms Africa reports that the country’s Debt Management Office (DMO) confirmed this in the latest debt stock update last night, declaring that this included Promissory Notes in the sum of N940.220 billion, which have been issued…
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