The Debt Management Office, DMO, has disclosed that Nigeria’s total debt profile risen to N41.60 trillion as at March, 2022. The Director-General, DMO, Patience Oniha made the disclosure during her appearance at the ongoing engagement on the 2023 – 2025 Medium Term Expenditure Framework, MTEF, Patience Oniha Fiscal Policy Paper held by the House of Representatives Committee on Finance yesterday. She attributed Nigeria’s high debt profile to shortfall in revenues and the deficit in the annual budget as approved by the National Assembly. These, according to her, increased the debt…
Read MoreNigeria’s Total Debt Profile Hits N41.60trn —DMO
