FG, states’ debt profile rise to N32.92trn — NBS

FG, states’ debt profile rise to N32.92trn — NBS

API moves to partner NBS on generating reliable PWD data

Nigeria’s total  public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics, NBS, revealed yesterday.

It made the revelation in its Nigerian Domestic and Foreign Debt report for Quarter Four, 2020, obtained from its website in Abuja, adding that the debt profile was for the states and the federal government.

According to the bureau, Nigeria’s total public debt 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. “Further disaggregation of…

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