Power sector: FG to settle N3 trillion inherited debt
By Constance Athekame The Minister of Power, Mr Adebayo Adelabu, says the Federal Government is committed to settling more than three trillion Naira debt it inherited in the power sector.…
By Constance Athekame The Minister of Power, Mr Adebayo Adelabu, says the Federal Government is committed to settling more than three trillion Naira debt it inherited in the power sector.…
By Kadiri Abdulrahman Nigeria’s total public debt stock hit N87.91 trillion (114.35 billion dollars) as of Sept. 30, according to a statement by the Debt Management Office (DMO) on Wednesday…
By Ismail Abdulaziz President Bola Tinubu says Nigeria will not sustain failed economic theory that wasted 90 per cent of revenue in the servicing of external debts that can be…
By Emmanuella Anokam Vladimir Putin, Russian President, says the Russian Government has written off $23 billion debt burden of African countries. Putin spoke at the plenary session of the ongoing…
By Kadiri Abdulrahman The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a statement obtained…
By Kadiri Abdulrahman The Debt Management Office (DMO) has commended President Bola Tinubu for his economic focus on improved expenditure as a way of reducing public debt levels. The Director-General…
Lagos State currently has N158 billion debt stock for which it has committed N31 billion to servicing.