Nigeria’s Debt Stock Hits N46.2 Trillion Or 103 Billion Dollars In December 2022
Nigeria’s total debt stock has risen to n46.25 trillion or $103.1 billion as at December last year
The debt stock increased by n6.69 trillion or $7.34 billion from n39.5 billion or $95.77 billion in December 2021.
The debt management office (DMO) in its update on the debt stock on Thursday, said it included debt stocks of federal and state governments, as well as federal capital territory.
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Breakdown of the debt stock indicates that domestic debt was n27.55 trillion or $61.42 billion, while external component was n18.70 trillion or $41.69 billion.