At the close of the first quarter of 2017, Nigeria’s domestic debt stock had climbed to N11.971 trillion from N6.201 trillion five years earlier in the year 2012 within the period under review.
Browsing: Dr. Abraham Nwankwo
01 July 2017, Abuja – Patience Oniha has replaced Dr. Abraham Nwankwo as Director General of the Debt Management Office,…
“Nigeria is not in a position to beg for debt forgiveness. In spite of the present state of the economy, the country is still counted as a strong economy among other countries. The economic indicators show that Nigeria has a strong economy,” he said.
“Nigeria is implementing an ambitious economic reform agenda designed to deliver long-term sustainable growth and reduce reliance on oil and gas revenues while reducing waste and improving the efficiency of government expenditure,” Adeosun said of the bond.
He explained that the oil price crisis resulted from drastic, adverse structural shift in the global market demand and supply of oil and gas.
22 September 2015, Abuja – The Director-General, Debt Management Office, Dr. Abraham Nwankwo, on Monday said the decline in the prices…