Skip to main content

Nigeria’s Public Debt Hits N46.25trn In Q4 2022 – NBS

By

Nigeria’s external and domestic debt now stands at N46.25 trillion in Q4 2022 from N44.06 trillion in Q3 2022.

The information was released by the Nigeria Bureau of Statistics(NBS) in its quarterly report titled “Nigerian Domestic & Foreign Debt Q4 202” on Friday

The report revealed that the nation’s public debt grew by 4.96% in Q4 2022, while external debt stood at N18.70 trillion in the same quarter of 2022.

“However, the share of external debt to total public debt stood at 40.44% in Q4 2022, while domestic debt was recorded at 59.56%. In addition, the Federal Government’s share of domestic debt was 80.62% in Q4 2022,” the report read.

In a debt profile breakdown, the commercial hub of the nation, Lagos, tops the states with the highest debt profile recording a total of N807.21 billion in Q4 2022, while Delta came in second with N304.25 billion and Ogun with N270.45 billion.

Meanwhile, Jigawa recorded the lowest debt with N43.95 billion followed by Kebbi and Katsina with N61.31 billion and N62.37 billion respectively.

Labels:

Comments

Post a Comment

Popular posts from this blog

129 suspects arrested for organising online gambling

By
The Police in southwest China’s Chongqing Municipality have arrested 129 suspects for organising online gambling, local police said on Thursday.
119 comments
Read more

10 Essential Fruit Cutting Techniques Everyone Should Know plus VIDEO

By
Mastering basic fruit cutting techniques not only enhances the presentation of your dishes but also makes the process more enjoyable and efficient. Here are ten essential techniques to get you started: Slicing Common Fruits: Apples, oranges, kiwis Description: Slicing involves cutting fruit into thin, even pieces. Use a sharp knife and make sure to cut against the core or pit. For apples and pears, first cut the fruit in half, remove the core, and then slice. For citrus fruits, cut off the ends, stand the fruit upright, and slice downward. An image showing an apple being sliced into even, thin pieces. Dicing Common Fruits: Melons, mangoes, pineapples Description: Dicing involves cutting fruit into small, even cubes. This technique is ideal for fruit salads and salsas. Start by slicing the fruit, then cut each slice into strips, and finally, cut the strips into cubes. For mangoes, slice the cheeks off the pit, score the flesh without cutting through the skin, and push the skin inwa...
Post a Comment
Read more

Femi Falana gets information on N4.6b fuel drained daily from FG

By
The federal government has forwarded to Lagos lawyer, Femi Falana (SAN) information on fuel importation and sundry matters. The requested information was forwarded to the lawyer by the Department of Petroleum Resources (DPR) which was acting on the directive of the Minister of state, Petroleum Resources, Dr Ibe Kachukwu as requested in his letter to the minister dated April 17, 2018. A letter dated July 9  and signed by Kingston Chikwendo on behalf of the DPR  to Falana and titled “Re: Request for Information on Fuel Importation and Sundry Matter” stated in part: “We humbly referred to your letter dated 17th April, 2018 to the Honourable Minister of State, Petroleum (HMSP) requesting for information on fuel importation and sundry matters. “The HMSP has directed the DPR to provide you with the requested information. “Consequently, we hereby forward to you the requested information as detailed in your letter”, it stated. In his letter dated April 17, Falana had spec...
Post a Comment
Read more