The bureau, in its Nigerian domestic and foreign debt Q4 2020 report released Monday, said Nigeria’s total public debt portfolio showed that N12.71 trillion or 38.60 per cent of the debt was external while N20.21 trillion or 61.40 per cent of the debt was domestic.
The NBS gave further disaggregation of Nigeria’s foreign debt to include $17.93 billion of the debt as multilateral; $4.06 billion as bilateral from the AFD, Exim Bank of China, JICA, India, and KFW while $11.17 billion was commercial which are Eurobonds and Diaspora Bonds and $186.70 million as promissory notes.
Details of the debt figures show that the domestic debt figures of the 36 states of the federation and the FCT were put at N4.19 trillion with Lagos accounting the highest.
I have question, if this debt is not cleared, who will pay the debt in hereafter....?
And Femi Adesina was talking about 'positives' the other day.
The debt is already totalling the number of family in this country. Gbogbo wa lama je breakfast
Buhari is a Cow
Everything thing just dey rise negatively