Nigeria’s total public debt hit N46.25trn in December 2022

Nigeria’s total public debt stock, consisting of the domestic and external debt stocks of the Federal Government, 36 state governments and the Federal Capital Territory was N46.25 trillion (USD103.11 billion) at the end of December 2022.

This is a 14.46 percent increase compared to N39.56 trillion (USD95.77 billion) recorded on December 31, 2021.