By Comrade Olabode Akinwale THE DEBT Management Office (DMO) in its latest published data ranks Ondo State as the most financially disciplined state government in Nigeria. This development is not a mean achievement, and it has not gone unnoticed by some of us who are critical of government’s performance. The state governor, Hon (Dr) Luck...
By Jemimah Wellington, JKNewsMedia Reporter THE ESCALATING financial burden on Nigeria continues to spark concern as the country’s total public debt soared to ₦142.3 trillion by September 2024. Economists say this marks an increase of ₦8 trillion—or 5.97 per cent—compared to the ₦134.3 trillion recorded in June. The Debt Management Office (DM...
By Joke Kujenya NIGERIA’S TOTAL public debt has surged to ₦121.67 trillion ($91.46 billion) within the first quarter of 2024, the Debt Management Office (DMO) reported on Thursday. This significant increase in debt is attributed to new domestic borrowing by the federal government aimed at addressing the deficit in the 2024 budget, along ...
