The National Bureau of Statistics said on Friday that the total public debt portfolio of the Federal and State Governments as of March 31, 2020 stood at N28.63 trillion.
The NBS made this known in its Nigerian domestic and foreign debt report released in Abuja.
The bureau said further disaggregation of Nigeria’s total public debt showed that N9.99 trillion, which represented 34.89 per cent, was external.
It stated that the domestic debt was N18.64 trillion, which represented 65.11 per cent of the total debt.
It said: “States and Federal Capital Territory domestic debt was put at N4.11 trillion with Lagos State accounting for 10.8 per cent of the total domestic debt stock.
“Yobe State has the least debt stock in this category with a contribution of 0.7 per cent.”
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