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The Debt Management Office, DMO, has revealed that Federal Government has incurred N950bn new domestic borrowing between January 2022 and March 11, 2022.
Director-General of the DMO, Patience Oniha, disclosed that the Federal Government was considering all options to raise funds externally.
According to her, the Federal Government still plans to borrow an additional N1.6tn, while the 2022 debt target for domestic borrowing is N2.57tn.
