NewStats: 3,262,365 , 8,176,942 topics. Date: Monday, 02 June 2025 at 01:32 AM 6s2711

The total public debt portfolio of Nigeria has risen to N28.63tn, the Debt Management Office announced on Thursday.

In its Public Debt Portfolio report released on Thursday night, the DMO explained that the country’s total debt rose from the N27.4tn recorded in December 2019 to N28.63tn in March 2020.

This indicates that within a space of three months, the country’s public debt portfolio grew by N1.23tn, representing 4.48 per cent.

Nigeria’s total external debt obligations as of the end of March this year stood at N9.99tn, the debt office also stated.

The N9.99tn is about N970bn higher than N9.02trn which was recorded as external debt obligations in December 2020.The debt office said the country’s domestic debt was N18.64tn, representing 65.11 per cent of the Nigeria’s debt stock.

https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1

Wahala yazzzo




debt wey we no know how they even spend am.




bad roads everywhere
insecurity everywhere
poverty everywhere.

d jagajaga don come to . koosi owoo loode.
naija still dey owned wen oda country dey progress.

Debt is a form of bondage...It is a financial termite. You cant be in continuous debt and significantly progress, that's why Nigeria is where we are. Our leaders lack sense, else they would have asked themselves why they are always borrowing, and never lending to any Nation

Servicing these debts itself is not a sound economic policy but Nigeria case @ present is a government that is just senselessly obsessed with endless borrowings.

When people without direction are in control of governance, news of this kind are inevitable!

No wonder the herdman in aso rock during his virtual chat with EU leadsers asked for debt relief.. he thinks they are fools, you borrow money stupidly which ends up looted by your cabals and you have the balls to ask for forgiveness of debt

Racoon:

https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1
Lalasticlala Mynd44

It's time to flee from this country

Anytime una mention Nigeria's debt profile una remind Buhari to borrow more.
That 28tr seems 28m to him.

Buhari is doing everything possible to carry Nigeria along with him when he goes to meet his ancestors........The man don finish us.

We need to do something urgent about this issue of rising debt cos Las Las,Na we all go suffer am

They will eventually sell this country off to the Chinese

Government of borrow borrow and looting

2020: Federal Republic Of Nigeria































2030: Communist Republic Of Nigeria

The Ultimate Ten Year Challenge

Ajala the borrower...at least, the man is competent in one area....borrowing to stupor!!..jonathan right now after seeing all his efforts to reduce our debt profile going up in flames... And ajala after seeing his current debt profile..

Buhari.

Damnnnnn niggarrr
What da fuckkkk

Funniest thing is that there are people in this country that has more than that money..

God dey sha..

Nawa o, these politicians keep mortgaging our collective future to further put us into a deeper shit, the street is becoming hard for people to survive, gone are the days where you see BSc graduates on the street, these days MSc grads don dey even dey compete, imagine someone with MSc competing for #20k Npower job.

Dugbe Dugbe n mi loke!

******
This is a footage of Nigeria Visually impaired artiste doing a remake of Dagrin ft. Omawumi

Good for us


Thank God, I don't care

Just hustle and enjoy

If you're into b*tting you're good to go


Mention me so you can get it ,den appreciate

Nairaodds keep mking wonders

How e take concern me??
My only problem now is the shoe I will wear to snap NPower port

HALA!

With the rate of poverty in the country

What is the equivalent of this in USD?
2010 - 2020 (10 years) : Nigeria Debts Journey.

Buhari has used us as collateral to receive foreign loan.Another slave trade loading

28.63 trillion Naira is not too bad yet

By the time Buhari leaves office, it will have gotten to one hundred thousand million billion trillion Naira.

Those clamoring for Igbo president, hope you all know that the next president will be in hot soup.

Unless it is a Peter Obi or somebody like that.

How much trillion