• Public debts in Nigeria

Public debts

Nigeria’s public debt hit N24.9 trillion ($81.27 billion) in the first quarter of 2019. The figure is about N560 billion ($1.8 billion) up from the N24.3 trillion ($79.;4) recorded in the last quarter of 2018.

Also, the total domestic debt recorded was N17.08 trillion ($55.6 billion), up from N16.6 trillion ($54.1billion) in Q4 2018, while the total external debt was N7.8 trillion ($25.6 billion), an increase from N7.7 trillion ($25.2 billion) obtained in the last quarter.