{"id":14614,"date":"2021-03-29T08:40:01","date_gmt":"2021-03-29T07:40:01","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=14614"},"modified":"2021-03-29T08:40:01","modified_gmt":"2021-03-29T07:40:01","slug":"public-debt-hits-n32-92tr-in-december-nbs","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/03\/29\/public-debt-hits-n32-92tr-in-december-nbs\/","title":{"rendered":"Public debt hits N32.92tr in December \u2013 NBS"},"content":{"rendered":"

The National Bureau of Statistics (NBS) on Monday said States and Federal debt stock stood at N32.92 trillion as at December 2020.<\/p>\n

Its data titled \u201cNigerian Domestic and Foreign Debt (Q4 2020)\u201d on its website said while N12.71 trillion was external, representing 38.60 per cent of the total debt stock, N20.21 trillion, representing 61.40 per cent was domestic.<\/p>\n

NBS said: \u201cNigerian States and Federal Debt Stock data as of 31st December 2020 reflected that the country\u2019s total public debt portfolio stood at N32.92trillion.<\/p>\n

\u201cNigeria\u2019s total public debt<\/a> showed that N12.71trillion or 38.60 per cent of the debt was external while N20.21trillion or 61.40 per cent of the debt was domestic\u201d.<\/p>\n

The data explained that further disaggregation of foreign debt showed that $17.93billion of the debt was multilateral; $4.06billion was bilateral from the AFD, EximBank of China, JICA, India, and KFW while $11.17billion was commercial which are Eurobonds and Diaspora Bonds and $186.70 as Promissory notes.<\/p>\n

According to NBS, the total States and FCT domestic debt was put at N4.19trillion with Lagos state accounting for 12.15 per cent of the debt stock while Jigawa State has the least debt stock in this category with a contribution of 0.74 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bureau of Statistics (NBS) on Monday said States and Federal debt stock stood at N32.92 trillion as at December 2020. Its data titled \u201cNigerian Domestic and Foreign Debt (Q4 2020)\u201d on its website said while N12.71 trillion was external, representing 38.60 per cent of the total debt stock, N20.21 trillion, representing 61.40 per […]<\/p>\n","protected":false},"author":13,"featured_media":14623,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[3933,2537,303,3932],"class_list":["post-14614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-december","tag-nbs","tag-nigeria","tag-public-debt"],"yoast_head":"\nPublic debt hits N32.92tr in December \u2013 NBS<\/title>\n<meta name=\"description\" content=\"The National Bureau of Statistics (NBS) on Monday said States and Federal debt stock stood at N32.92 trillion as at December 2020\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/03\/29\/public-debt-hits-n32-92tr-in-december-nbs\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Public debt hits N32.92tr in December \u2013 NBS\" \/>\n<meta property=\"og:description\" content=\"The National Bureau of Statistics (NBS) on Monday said States and Federal debt stock stood at N32.92 trillion as at December 2020. Its data titled\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2021\/03\/29\/public-debt-hits-n32-92tr-in-december-nbs\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-29T07:40:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/03\/adejayan_gbenga\/2021\/03\/29\/images-15-2021-03-29T083501.041.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adejayan Gbenga Gsong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@withinnigeria\" \/>\n<meta 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