FG, states increase debt by N57tn over 18-month period
Nigeria’s public debt has increased by approximately N57.3 trillion over the first 18 months of President Bola Tinubu’s administration, according to data from the Debt Management Office (DMO). This marks a 65.6% rise from N87.38 trillion at the end of June 2023 to N144.67 trillion by December 2024. The surge is primarily attributed to a…