‘Federal, State Governments In N9tn Debt’

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Nigeria’s total public debt rose from N6.25tn ($40.1bn) in 2010 to N9.04tn ($58.04bn) by the end of December 2012, according to the Debt Management Office.

In its 2013 Report of the Annual National Debt Sustainability Analysis, released in Abuja on Sunday, the DMO said it would issue $100m Diaspora bond in 2014.

Continue after the break.