The DMO said FGN bonds qualify as liquid assets for liquidity ratio calculation for banks.
CISLAC said Nigeria’s increasing debt was putting the country in a precarious situation, and had significant implications for human rights.
Nigeria’s debt profile rose to over N44 trillion under Mr Buhari’s watch in September.
As of September 30, 2022, Nigeria’s total debt stock rose N44.06 trillion as against N42.84 trillion recorded on June 30, the DMO stated.
The 2023 APC presidential candidate said “history will be very kind” to president Buhari
“Prosperity is here. Help is here. Security is here. Banditry has ended. Hopelessness is not in our dictionary,” Mr Tinubu boasted.
![Bola Ahmed Tinubu [Credit: BAT]](https://gazettengr.com/wp-content/uploads/Bola-Ahmed-Tinubu-4-1.png)
“Out of the ranking of 511 institutions which you saw where some did well, and some did not do well. We want MDAs to do well.”
The DMO assured that President Muhammadu Buhari’s regime is committed to increasing revenue to reduce the amount that went into debt servicing.
The PenCom boss said the government was making frantic efforts to clear the backlog of accrued rights.
The president said he was compelled to blow his trumpet since those he appointed were failing to do their job of educating Nigerians about his achievements.
