Nigeria’s Total Public Debt as of December 31, 2020, stood at N32.915 Trillion. The figures include the Debt Stock of the Federal and State Governments, as well as, the Federal Capital Territory.

…Says it was paid directly to creditors by OAGF By Emma Ujah The Debt Management Office (DMO) has explained that the N2.1 trillion allocated for Debt Service in the 2018 federal government budget was paid directly to the creditors by the Office of the Accountant-General of the Federation (OAGF). The agency said, yesterday, that the […]

…says it can only account for N721, 251, 798 …as Reps query accountant-general over unaccounted funds    By Levinus Nwabughiogu-Abuja Debt Management Office (DMO) has denied the receipt of N2.2 trillion in its 2018 budgetary allocation. The Office said the money was not released to them but managed by the Office of the Accountant-General of […]

By Vincent Ujumadu – Awka Anambra State government has denied receiving N25 billion bond from the Debt Management Office, DMO, describing as bizarre a statement credited to the Senator representing Anambra South, Senator Ifeanyi that the state government secretly raised the bond without the knowledge of the national assembly. The said bond was said to […]

The Federal Government’s bonds for the month of September worth N145 billion were oversubscribed by N215.22 billion, the Debt Management Office, DMO, disclosed on its website. The total subscription received from investors for the bonds, which were auctioned on Wednesday, was N360.22 billion, comprising N83.83 billion for 12.5 per cent FGN January 2026 bonds; N71.4  […]