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Federal Government, states owe N10tn – DMO

Federal Government, states owe N10tn – DMO The federal and 36 state governments as well as the Federal Capital Territory owe N10.04tn ($64.51bn) as of December 31, 2013, the Debt Management Office has said. Statistics obtained from the website of the DMO on Monday showed that 86.32 per cent or N8.67tn of the total debt stock was borrowed from domestic sources, while... 
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Added February 10, 2014
from The Punch News