General

NBS: Nigerian Foreign Debt Stocks increases

This is according to latest reports from the National Bureau of Statistics, NBS.

According to the report, a review of the total foreign debt profile of the Federal and the thirty-six states governments and the FCT also shows a continuous rise since the coming of the present administration, from ten billion dollars in 2015, to eleven billion dollars in 2016 and fifteen billion dollars in 2017.

Details of the debt figures show that the domestic debts figures of the thirty-six states of the federation and the FCT have continued to grow since 2015 under the present administration.

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