DMO allays fears on transfer of N22.7tr debt burden to Nigerians

The Debt Management Office (DMO) has allayed the fears on the transfer of the Federal Government’s N22.7 trillion debt burden to Nigerians.

The Senate on Thursday approved President Muhammadu Buhari’s request to restructure the N22.7 trillion “ways and means” advance into a bond.

There were insinuations that Nigerians will bear the debt burden following the parliament’s approval of the president’s request.

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