Facts have emerged on the exclusion of the South East zone from the Federal Government’s $30 billion foreign loan to provide infrastructure in various parts of the country. In the words of the Director-General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, the International Economic Relation Department (IECD) in the Ministry of Finance excluded […]
The Director-General, Debt Management Office, Dr. Abraham Nwankwo has disclosed that Nigeria’s external debt profile has risen to $11 billion as at October 2015 as against the $ 9.4 billion recorded in March. Domestic debt profile was said to have risen to N11 trillion. Dr. Abraham Nwankwo, however, said the quantum of the debt did […]
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