Nigeria’s Debt Increased by N3.6tn to N49.85tn in Three Months, Says Debt Management Office 

 “Comparatively, the total public debt stock for the preceding period, December 31, 2022, stood at N46.25 trillion (USD 103.31 billion). During the period, there were increases in the debt stock of the FGN, States, and the FCT.
“The public debt stock for March 2023 does not include the FGN’s N22.719 trillion Ways and Means Advances of the Central Bank of Nigeria whose securitisation was approved by the National Assembly in May 2023.
“The amount will be included in the FGN’s Domestic Debt Stock from June 2023.”