Economy
NBS Says Nigeria’s Total Public Debt Stood At N25.70 Trillion In Q2 2019
Nigerian States and Federal Debt Stock data as at 30th June 2019 reflected that the country’s total public debt portfolio stood at N25.70trn.
Further disaggregation of Nigeria’s total public debt showed that N8.32trn or 32.38% of the debt was external while N17.38trn or 67.62% of the debt was domestic.
Similarly, total domestic debt was N3.97 trillion with Lagos state accounting for 12.08% of the total domestic debt stock while Yobe State has the least debt stock in this category with a contribution of 0.69% to the total domestic debt stock
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