The National Bureau of Statistics has revealed that Nigeria’s total public debt profile as of December 31, 2020, stood at N32.92 trillion.
The Bureau disclosed this on Monday in its Nigerian Domestic and Foreign Debt report for the 4th quarter of 2020. According to the report, the debt profile is for the states and the federal government.
N12.71 trillion or 38.60% of the debt is external while N21.21 trillion or 61.40% is domestic.
The NBS said, “Meanwhile, 11.17 billion dollars was commercial which are Eurobonds and Diaspora Bonds and 186.70 million dollars as Promissory notes.’’
