The bureau said that Lagos State recorded the highest domestic debt of N929.41 billion in Q1 2024.
The report said Nigeria’s public debt stock, which included external and domestic debt, grew by 75.27 per cent in Q2 of 2023.
The country’s external debt stood at N17.14 trillion in Q3 2022, and domestic debt at N26.91 trillion.
Nigeria’s public debt stock increased from N35.46 trillion ($86.57 billion) in the second quarter of 2021 to N42.84 trillion.
This alarming budget comes as food prices continue to soar under Mr Buhari’s watch.
EFCC says it will spend about N2 billion in 2022 to transport its operatives to various locations, including local and international training programmes.
“Government has been borrowing before this administration and continues to borrow, and it is important that we borrow to provide developmental projects.”
The request came four months after the Nigerian leader asked lawmakers to approve a N5.7 trillion loan to finance the country’s budget deficit.
The Senate had also last month approved $1.5 billion and €995 million external borrowings.
