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NIGERIA'S DEBT STOCK
Nigeria’s total debt stock rose to N26.14 trillion as of the end of September 2019. This is disclosed in the latest report released by the NBS.
The DG/CEO of DMO, Patience Oniha, has cautioned Nigerians against blaming President Muhammadu Buhari for the increase in Nigeria’s debt.
Nigeria's rising debt profile is fast becoming a worrisome trend. Successive governments have, over the years, spent a large chunk of the country's revenue to service debts.