DMO

By Aminu Abubakar A SolaceBase analysis of the recently released state debt profile by the Debt Management Office (DMO) reveals that Kaduna State is the most indebted state externally among the Northwestern states of Nigeria. …
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The Debt Management Office (DMO) says the Federal Government has been able to raise a total of N1.09 trillion through the Sovereign Sukuk since 2017, to support infrastructure development. The Director-General of the DMO, Patience…
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The Debt Management Office (DMO) has said President Tinubu inherited a total of N87.38 trillion debt upon assumption of office. President Tinubu took office on May 29, 2023. The DMO revealed the above in a bid to clarify recent media…
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By Aminu Abubakar A SolaceBase review of Debt Management Office (DMO) data has shown that the 7 Northwestern States owe N254.9billion domestically. According to the newly published data by DMO, Kano is the most indebted Northwestern…
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By Aminu Abubakar A review of the budget performance documents across select Northwestern and North Central Nigeria states by SolaceBase has shown that despite poverty and hunger ravaging states, the sum of over N122.1 billion was…
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The Kano State Government has denied recent media claims suggesting it took on new foreign debt, particularly allegations that it secured a loan of N177 billion from a French bank. At a news conference on Tuesday, Dr. Hamisu Sadi Ali,…
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Katsina State Government said on Wednesday that it has not borrowed any loan since its inception on May 29. The government is responding to a claim by the Debt Management Office (DMO) which indicated that the state, together with some…
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The Zamfara government has denied taking a N14.2 billion loan as indicated in a report by the Debt Management Office (DMO). A statement issued in Gusau on Monday by Sulaiman Idris, Senior Special Assistant to the governor on Media and…
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Nigeria’s public debt stock as at Dec. 31, 2023, was N97.341 trillion (108.229 billion dollars),  according to data released by the Debt Management Office (DMO) on Friday in Abuja. The DMO said that the amount comprised domestic and…
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The Debt Management Office, on Thursday, revealed that Nigeria’s total public debt stock increased to N46.25 trillion or $103.11 billion in the fourth quarter of 2022. It stated that the new figure consists of the domestic and external…
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