Nigeria Economy | |
Nigeria Economy | |
1589 VIEWS | |
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Thurday, January 12, 2021 05:00 AM / by NBS/ Header Image Credit: NBS
Nigerian
States and Federal Debt Stock data as of 30th
September 2020 reflected
that the country's total public debt portfolio stood at N32.22trn.
Nigeria's
total public debt showed that N12.19trn
or 37.82% of the debt was external while N20.04trn or 62.18%
of the debt was domestic.
Further
disaggregation of Nigeria's foreign debt showed that $16.74bn
of the debt was multilateral; $502.38m
was bilateral (AFD) and another $3.26bn
bilateral from the Exim Bank of China, JICA, India, and KFW while $11.17bn was
commercial which are Eurobonds and Diaspora Bonds.
Click Here to Download Q3 2020 Domestic and Foreign Debt Stock PDF Report
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