Why Nigeria’s public debt rose to N121.67trn in March -DMO

The Debt Management Office (DMO), on Tuesday, revealed that the rise in Nigeria’s public debt stock from N97.34 trillion in December, 2023 to N121.67 trillion in March is partly due to exchange rate fluctuations.

The Director-General of DMO, Patience Oniha, said this in an interview with the News Agency of Nigeria (NAN) in Abuja.