Browsing: external debt

According to an analysis of Federal Account Allocation Committee (FAAC) data from the National Bureau of Statistics (NBS), total external debt service payments for January to April 2024 reached N96.52 billion, a substantial rise from N43.31 billion in the corresponding period of the previous year. 

ASHENEWS reports that the Sokoto State government has denied taking any foreign loan to executive developmental projects in the state.

The external and domestic debts from loans taken by the federal and state governments have risen to N33.11 trillion, as…