Debt

Nigeria’s debt now N25.7trn, rises by N753bn in 3 months

NIGERIA’S total public debt rose to N25.7trillion ($83.882billion) by the end of June 2019, according to the Debt Management Office…

6 years ago

External debts of poor countries rise to $7.8trn

Total external debt of low- and middle-income countries climbed 5.3 per cent to $7.8 trillion in 2018, according to the…

6 years ago

Nigeria owes over $90bn debt with nothing to show for it ― Peter Obi

Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the last general election, Mr Peter Obi, on Tuesday lamented…

6 years ago

Buhari inherits over N1trn road debt constructed by states ― Fashola

  Minister of Works and Housing, Mr. Babatunde Fashola on Tuesday disclosed that President Muhammadu Buhari inherited debts worth about…

6 years ago

$9.6bn P&ID debt: Senate summons AGF, petroleum ministery, others

The Senate has summoned the Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami and the Ministry…

6 years ago

Nigeria spent N11trn on debt financing in 10 years — Investigation

Between 2010 and 2019, a period of 10 years, Nigeria spent a total of N11.274 trillion on debt financing, Nigerian…

6 years ago

Gombe State government denies taking N6b loan

Gombe State government has described as false, malicious and misleading allegations that his administration has within its 70 days of…

6 years ago

FACTCHECK: How much debt does Oyo state owe?

CLAIM: Oyo State Governor Seyi Makinde claimed that the outgoing governor, Senator Abiola Ajimobi, left N150 billion debt  CONCLUSION: Based…

6 years ago

Yari left N2.8bn debt on NECO, WAEC, others ― Transition Committee

The immediate past administration in Zamfara State led by the ex-governor, Abdulaziz Yari, is said to have left over N2.8…

6 years ago

Outcry in Senate over Nigeria’s rising debts

Nigeria’s rising debt profile became a source of worry for Senators on Wednesday as the lawmakers started the debate on…

6 years ago

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