DMO Archives - Wazobia Reporters Ng

BREAKING: Nigeria’s debt stock hits N20.37tn

In a statement made available to our correspondent in Abuja on Tuesday, the DMO said the total public debt stock comprising the Federal Government, the 36 states and the Federal Capital Territory, stood at N20.37tn as of September 30.
Read More...

Adeosun, Udoma, DMO meet as Senate rejects $30bn loan request

The ministries of Finance and Budget and National Planning as well as the Debt Management Office have begun working on the details of President Muhammadu Buhari’s $29.96bn external borrowing plan following its rejection by the Senate on…
Read More...

Senate rejects Buhari’s plan to take $30bn loan, presidency reacts

The Senate on Tuesday unanimously threw out plans by President Muhammadu Buhari to engage in external borrowing of $29.960billion for execution of key infrastructural projects across the country between 2016 and 2018. The Senate did not…
Read More...

Under Buhari, Nigeria’s debt rises by N4.17tn in one year

The country’s debt profile has risen to N16.29tn, the Debt Management Office has said. Statistics obtained from the DMO on Tuesday showed that the country’s total debt liability had risen to N16.29tn as of June 30, 2016. As of June 2015,…
Read More...