Nigeria debt stock increased from N19.64 trillion in June 2017 to N20.37 by the end of September

By Nwankwo Onyinye

The domestic debt accounted for 76.96 per cent, while external debt accounted for 23.04 per cent

A report by the Debt Management Office (DMO) has shown that the Nigeria debt stock has increased by 3.6 percent in September 2017 bringing it to a total of N20.37 trillion.

The DMO, who made this known in a statement released to the media on Tuesday, said the total public debt stock comprising the Federal Government, the 36 states and the Federal Capital Territory, stood at N20.37tn as of September 30.
This shows a marginal increase of 3.6 per cent from the N19.64tn as of June 30.