Page 12 - உருட்டுதல் ஸ்டாக் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

• Federal Government borrowing not transparent, its purpose not known, says economist The country’s debt rose by N20.8tn between July 2015 and December 2020, data obtained from the Debt Management Office on Wednesday showed. This period corresponds with the Presidency  Muhammadu Buhari who assumed leadership of the country on May 29, 2015. According to the statistics obtained from the DMO, Nigeria’s total debt as of June 30, 2015 stood at N12.12tn. However, as of December 31, 2020, the country’s debt portfolio had risen to N32.92tn. This shows that within a period of 66 months (five and half years), the country’s debt has risen by N20.8tn.

United statesUnited kingdomAbuja federal capital territoryMuhammadu buhariAkpan ekpoEuropean development fundWorld bank groupAgence francaise de developmentNational assemblyDevelopment impactInternational development associationDebt management office onSecond africa higher education centers of excellenceUniversity of uyoFederal governmentDebt management office