DMO warns against rising N77trn debt at expiration of Buhari's tenure – Blueprint Newspapers Limited: Breaking news happening now in Nigeria and todays latest newspaper headlines blueprint.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blueprint.ng Daily Mail and Mail on Sunday newspapers.
The Debt Management Office, DMO, says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt profile.The Director-General of the DMO, Patience Oniha, said this to the News Agency of Nigeria on Sunday in Abuja.
The Debt Management Office (DMO) on Tuesday explained that the Total Public Debt Stock, that is the External and Domestic Debt of the Federal Government,
Nigeria’s penchant for borrowing money and wasting it on frivolities surges forth in rising debts without any tangible accomplishments to show for them, which is why Nigeria’s thirst for debts.