Nigeria’s public debt hit N87 trillion in Q3 2023

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CarolinaBaby1
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#1

 

Nigeria’s total public debt reached N87.91 trillion by the end of the third quarter of 2023, details from the Debt Management Office (DMO) have shown.

According to the statistics published on Wednesday, this marks a 0.61 per cent increase from the June 2023 figure of N87.38 trillion.

The latest debt statistics reveal the combined domestic and external debts of the federal government, the 36 states, and the Federal Capital Territory, equivalent to $114.35 billion as of 30 September.

The debt figure is attributed to a decrease in the nation’s external debt, dropping from $43.16 billion in June to $41.59 billion in September. However, there was a moderate increase of N1.80 trillion in domestic debt.
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When money realizes that it is in good hands, it wants to stay and multiply in those hands 🤲💸💵💰

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Jared
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#2

 

All is well ooo.
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. 💰

Ernest
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#3

 

Na our grand children go pay this one oo

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CarolinaBaby1
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#4

 

Ernest wrote: December 21st, 2023, 9:29 pm Na our grand children go pay this one oo

:laughs: 😂😂😂
When money realizes that it is in good hands, it wants to stay and multiply in those hands 🤲💸💵💰

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Jared
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CarolinaBaby1 wrote: December 22nd, 2023, 3:36 pm
Ernest wrote: December 21st, 2023, 9:29 pm Na our grand children go pay this one oo

:laughs: 😂😂😂
Not far from truth. It's generational debt, not generational wealth. Sad.
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. 💰

Ernest
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#6

 

:laughs:
Jared wrote: December 22nd, 2023, 4:11 pm
CarolinaBaby1 wrote: December 22nd, 2023, 3:36 pm
Ernest wrote: December 21st, 2023, 9:29 pm Na our grand children go pay this one oo

:laughs: 😂😂😂
Not far from truth. It's generational debt, not generational wealth. Sad.



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YoungA
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#9

 

na wooa :sick:, I no fit talk self

Ernest
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#10

 

YoungA wrote: December 24th, 2023, 11:33 am na wooa :sick:, I no fit talk self
:laughs:

Greatness
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#11

 

Such wickedness, and they will continue to borrow more till they finally destroy the economy:angry:




Pd
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#15

 

Happy new year Aza family doing


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