{"id":72165,"date":"2022-09-12T16:52:49","date_gmt":"2022-09-12T15:52:49","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerias-public-debt-rises-to-n45-25-trillion-dmo"},"modified":"2022-09-12T18:12:38","modified_gmt":"2022-09-12T17:12:38","slug":"nigerias-public-debt-rises-to-n45-25-trillion-dmo","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo","title":{"rendered":"Nigeria\u2019s public debt rises to N45.25 trillion \u2013 DMO"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Reviewed official documents from the monthly issuance reports by the Debt Management Office (DMO) and the Central Bank of Nigeria, CBN, have shown that Nigeria\u2019s debts have risen by about N4 trillion in the past five months to N45.25 trillion.<\/p>\n<p>As Nigeria\u2019s rising debt burden has continued to throw up heated public debates, private sector experts have expressed concerns over the country\u2019s fiscal sustainability amidst dwindling national revenue.<\/p>\n<p>According to the document, the federal government accounted for more than 88 per cent of the debt stock.<\/p>\n<p>The documents revealed that the federal government raised about N3.34 trillion through its regular issuance of domestic debt instruments between April and August.<\/p>\n<p>The domestic debts rose from N24.987 trillion in the first quarter to N28.322 trillion by August.<\/p>\n<p>The debt stock, which stood at N32.92 trillion by December 2020, rose to N39.556 trillion by December 2021 and N41.6 trillion by the end of the first quarter of 2022.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Reviewed official documents from the monthly issuance reports by the Debt Management Office (DMO) and the Central Bank of Nigeria, CBN, have shown that Nigeria\u2019s debts have risen by about N4 trillion in the past five months to N45.25 trillion. As Nigeria\u2019s rising debt burden has continued to throw up heated public [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":72164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,28,14,26],"tags":[1570,2140,2321,254],"class_list":["post-72165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-dmo","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria\u2019s public debt rises to N45.25 trillion \u2013 DMO - Nigeria<\/title>\n<meta name=\"description\" content=\"Reviewed official documents from the monthly issuance reports by the Debt Management Office (DMO) and the Central Bank o ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s public debt rises to N45.25 trillion \u2013 DMO\" \/>\n<meta property=\"og:description\" content=\"Reviewed official documents from the monthly issuance reports by the Debt Management Office (DMO) and the Central Bank o ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-12T15:52:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-12T17:12:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/09\/postQueueImg_13-631f6870138e3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"919\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria\u2019s public debt rises to N45.25 trillion \u2013 DMO\",\"datePublished\":\"2022-09-12T15:52:49+00:00\",\"dateModified\":\"2022-09-12T17:12:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/09\/postQueueImg_13-631f6870138e3.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"DMO\",\"Nigeria\"],\"articleSection\":[\"all news\",\"homepage-english\",\"Policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-public-debt-rises-to-n45-25-trillion-dmo\",\"name\":\"Nigeria\u2019s public debt rises to N45.25 trillion \u2013 DMO - 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