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Nigeria Debt Increases By N3.32 trillion In June 2019

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The Debt Management Office has released a new debt status in Nigeria.

According to its release on Tuesday, Nigeria Public debt stands at N25.7trn, up by N3.32 trillion at the end of June 2019.

This debt consists of Federal Government debt N20.42 trillion as at June 2019 and 36 states, including the Federal Capital Territory debt portfolio, stands at N5.28. trillion.

The debt, the DMO says is made up of N8.32 trillion external debt and domestic debt N17.38 trillion.

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