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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,
An official noted that securitization of CBN loans will enhance debt transparency
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...