The N18.16 trillion owed by the Federal Government to the CBN is currently not included in the data on public debt stock, which comprises the debts of the Federal Government
The Federal Government has increased its total borrowing from the Central Bank of Nigeria (CBN) to N18.16 trillion, more than 40 percent of the money supply in the economy, according to official data collated by BusinessDay.
The Debt Management Office (DMO) disclosed last Thursday that the countr
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