The latest figure was contained in a statement obtained from DMO’s website on Tuesday on Nigeria’s indebtedness.
Browsing: Debt Management Office
Domestic debt stock data from the Debt Management Office for Bayelsa State as of March 31 stood at N151.41 billion.
Oniha announced her reappointment in a tweet on DMO’s verified twitter handle on Friday.
This was according to a statement released by the Debt Management Office on its website on Tuesday.
They include a N75 billion FGN bond at 13.5 per cent interest rate, due in March 2025 (10 year re-opening).
The Director-General of the Debt Management Office, Patience Oniha, made this known in a statement on Thursday.
This is according to a DMO document obtained by the News Agency of Nigeria on Friday in Abuja.
The IMF, which made the projection in its 2021 Article, also estimated 2021 debt servicing-to-revenue ratio at 85.5 per cent.
The former Commissioner said Oyetola was the chairman of the Board of the Debt Management Office in those years.
DMO, which made this known in a statement on Thursday, stated that the auction received a total of 160 bids.
The calendar shows that on January 16, the DMO will issue a N70 billion to N80 billion, four years and 20 years Federal Government of Nigeria bond, with interest rate of 12.50 per cent.
The data on the public debt stock was made available to the media on Tuesday in Abuja by the Debt Management Office.
The DMO said the offer was for the Federal Government of Nigeria Savings Bond with the following details:
To arrive at the figures, data was supplied administratively by the Debt Management Office, while the NBS verified and validated it, the report said
The DMO made the clarification in tweets on Tuesday following Buhari’s request to the National Assembly to approve the new borrowing to fund critical capital projects in the 2021 budget.
The Director-General of DMO, Patience Oniha, offered the explanation on her Twitter handle on Wednesday.
The DMO explained that the MTDS was a policy document that provided a guide to the borrowing activities of a government in the medium-term, which is usually four years
A circular on the official website of DMO states that the two years bond with February 10, 2023 as due date would attract an interest rate of 4.214 per cent per annum.
This was disclosed by the Debt Management Office in a statement on Thursday.
Some economic stakeholders expressed concern that the country remained dependent on oil as the sole revenue generating resource for such a long time without diversification to other revenue generating sources.