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Nigeria's total debt stock hits N46.25 trillion as of December 31,2022

Borrowings to fund budget deficits by federal government and sub governments – the 36 states and the the Federal Capital Territory ( FCT) escalated Nigeria’s total public debt stock to  N46.25 trillion as December 31,2022.

The Debt Management Office DMO ( DMO) confirmed latest figure in its verified tweeter handle Thursday.

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