GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

Breaking : Nigeria’s debt increases to 32.2trillion

Enudi Golden by Enudi Golden
January 11, 2024
in Featured, News, Politics
Reading Time: 1 min read
Breaking:Nigeria’s public debt raises to N39.556trn
11
SHARES
Advertisements

Nigeria’s debt stock rose to 32.223 trillion in September 2020 as revealed in the third quarter country debt data released by Debt Management Office on Thursday December 31.

 

GoldenNewsNg gathered that Nigeria’s debt stock which is made up of the Domestic and External Debt Stocks of the Federal Government of Nigeria (FGN), the 36 State Governments and the Federal Capital Territory (FCT) grew by ?1.214 trillion between June 2020 and the end of September 2020.

READ ALSO

Federal Government TVET Program for Trainers (₦30,000 Support) – Application Guide

Direct Link to Apply for FG NPRGS Initiative Poverty Reduction Program

The data showed that 37.82% represents External debts, while the balance of 62.18% is Domestic.

It read;

“Compared to the Total Public Debt Stock of N31.009 Trillion as at June 30, 2020, the Debt Stock in Q3 2020 increased by N1.214 Trillion or 3.91%.”

“The FGN, State Governments and the FCT all recorded increases in their Debt Stock due to borrowings to enable them to respond appropriately to the COVID-19 Pandemic and to meet revenue shortfalls.

“Issuance of Promissory Notes by the FGN to settle inherited liabilities also contributed to the growth in the Public Debt Stock since the year 2018 when they were first issued”.

While N20.136 Billion of Promissory Notes were issued in Q3, 2020, as at September 30, 2020, the Promissory Notes Outstanding, which are all included in the Domestic Debt Stock, stood at N971.878 Billion.

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

Breaking: Again FG Arrests #RevolutionNow Convener Omoyele Sowore In Abuja

Next Post

Breaking : FG Increases Npower Budget By N365 Billion (Full Details)

Related Posts

Federal Government TVET Program for Trainers (₦30,000 Support) – Application Guide

Federal Government TVET Program for Trainers (₦30,000 Support) – Application Guide

Federal Government TVET Program for Trainers (₦30,000 Support) – Application Guide The Federal Government is taking the TVET Initiative a...

Read moreDetails

Direct Link to Apply for FG NPRGS Initiative Poverty Reduction Program

Apply for FG NPRGS Initiative Poverty Reduction Program

If you've been looking for a solid opportunity to upgrade your skills, earn a living, and break free from poverty,...

Read moreDetails

Gov Bago celebrates Vatsa @64

Hon. Jonathan Vatsa ... Says You’re the most dogged, courageous Politician   Niger State Governor, Mohammed Umaru Bago has described...

Read moreDetails

Federal Government LEEP Program 2025 – Apply Now for Skills Training, Job Opportunities & Empowerment

Federal Government LEEP Program 2025 – Apply Now for Skills Training, Job Opportunities & Empowerment

The Federal Government of Nigeria has officially opened applications for the Labour Employment and Empowerment Programme (LEEP) 2025, a national...

Read moreDetails

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)   With millions of Nigerians living below the...

Read moreDetails

FME TVET Application Portal opens for New Applications – Step-by-Step Guide to Apply for TVET Program  Receive ₦45,000 Monthly Stipend

FME TVET Application Portal 2025 – Step-by-step guide to apply for Technical and Vocational Education Training in Nigeria with ₦45,000 monthly stipend"

The FME TVET Application Portal has reopened for new applications, and here is how you can submit yours. The Federal...

Read moreDetails

Call For Applications: Federal Government NIYA Gigs Program 2025 – Earn from Digital Skills as a Nigerian Youth

Young Nigerians learning digital skills for the NiYA Gigs Program 2025

FG Launches NIYA Gigs Program 2025 – Step-by-Step Guide to Apply and Earn from Digital Skills   The Federal Government...

Read moreDetails

National Poverty Eradication Recruitment Program (NAPEP)2025 – Application Guide for Interested Nigerians

Step-by-Step Guide: How to Apply for NAPEP 2025

The National Poverty Eradication Programme (NAPEP) has officially opened its portal for the 2025 recruitment and vocational training program, targeting...

Read moreDetails

Can You Teach Students Your Skill? Get Paid to Train Under FG TVET Program – See How to Register & Full Requirements

Can You Teach Students Your Skill? Get Paid to Train Under FG TVET Program – See How to Register & Full Requirements

Do you have a skill you can confidently teach others, like fashion design, barbing, hairdressing, baking, plumbing, tech, or tailoring?...

Read moreDetails

Defamation Drama: Natasha Faces Court Over Claims Against Akpabio

JUST IN : Court Grants Senator Natasha Bail - Fixes Date For Trial

Natasha arraigned over alleged defamation of Senator Akpabio Senator Natasha Akpoti-Uduaghan was arraigned before the Federal Capital Territory (FCT) High...

Read moreDetails
Load More
Next Post
Good News: NPower Recovers Money To Pay 8 Months Beneficiaries Debt

Breaking : FG Increases Npower Budget By N365 Billion (Full Details)

SEARCH ADS

Latest Posts

Federal Government TVET Program for Trainers (₦30,000 Support) – Application Guide
Jobs

Federal Government TVET Program for Trainers (₦30,000 Support) – Application Guide

Apply for FG NPRGS Initiative Poverty Reduction Program
Headline

Direct Link to Apply for FG NPRGS Initiative Poverty Reduction Program

YouthCred Financial Empowerment 2025
Headline

Direct Link to Apply For FG YouthCred Financial Empowerment 2025

News

Gov Bago celebrates Vatsa @64

Direct Link to Apply for FG Consumer Credit Scheme CrediCorp Loan 2025
Headline

Direct Link to Apply for FG Consumer Credit Scheme CrediCorp Loan 2025

FG to Empower 400,000 Youth with Consumer Credit from July 2025 – Here’s What You Should Know
Headline

FG to Empower 400,000 Youth with Consumer Credit from July 2025 – Here’s What You Should Know

NSCDC, Immigration, Fire & Prisons Service Recruitment Portal 2025
Headline

NSCDC, Immigration, Fire & Prisons Recruitment 2025: Portal, Requirements & How to Apply

FG Extends CEDF Application deadline to June 30, 2025 - Grants, Loans, Equity Funding Still Available for Nigerian - APPLY NOW
Headline

FG Extends CEDF Application deadline to June 30, 2025 – Grants, Loans, Equity Funding Still Available for Nigerian – APPLY NOW

NNPC/TotalEnergies Scholarship 2025: Fully Funded Opportunity for 100 & 200 Level Undergraduate Students in Nigeria - APPLY HERE 
Education

NNPC/TotalEnergies Scholarship 2025: Fully Funded Opportunity for 100 & 200 Level Undergraduate Students in Nigeria – APPLY HERE 

Federal Government LEEP Program 2025 – Apply Now for Skills Training, Job Opportunities & Empowerment
Jobs

Federal Government LEEP Program 2025 – Apply Now for Skills Training, Job Opportunities & Empowerment

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News