As Nigeria’s public debt profile continues to balloon, the Debt Management Office (DMO) on Wednesday said the country now owes N24.947 trillion ($81.274 billion) at the end of March, 2019.
The data released by the DMO today in Abuja, said the new debt portfolio represents a 2.3 per cent increase when compared to the public debt stock as at December 31, 2018.
According to the DMO, the debt stock represented the total debts of the federal government, the 36 states and the Federal Capital Territory (FCT).