By Matthew Denis The Director General of Debt Management Office, Patience Oniha has disclosed that giving due consideration to revenue while discussing growth and debt must be prioritised. The DG in a statement made available to NewsDirect while giving her…
The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt profile. The Director-General of the DMO, Patience Oniha, said this on Sunday in Abuja. According to Oniha, a review of…
The Debt Management Office (DMO) has assured Nigerians that Federal Government of Nigeria (FGN) Securities are the most rewarding naira denominated investment. The Director-General of the DMO, Patience Oniha, gave the assurance on Thursday in Port-Harcourt, during the FGN Securities…
The Debt Management Office (DMO) has assured Nigerians that the various Federal Government Securities are safe, risk-free and offer good returns on investment. The Director-General of the DMO, Patience Oniha stated this on Thursday at the FGN Securities Issuance Awareness…
The Federal Government has raised N742.56 billion sovereign sukuk bond from 2017 to 2022 for the execution of road projects across the country. Director General Debt Management Office, DMO, Ms. Patience Oniha, confirmed the figure on Monday in Abuja at…
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media is unnecessary. The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by a segment…
The Debt Management Office (DMO), has restated the need for Nigeria to operate an efficient tax administration to tackle revenue challenges. Director-General of DMO, Patience Oniha, made the call at the 2022 annual conference with the theme: “Nigeria’s Public Debt…
By Idris Bakare The Debt Management Office has disclosed that it has been difficult for Nigeria to borrow from the international markets as global lenders and investors are shunning countries with Category ‘B’ economic ratings. According to the Director-General of…
Nigeria’s Debt Management Office (DMO) has stated that Nigeria’s debt to GDP ratio is 23 per cent, which is still within the country’s self-imposed limit of 40 per cent. This Director-General of the DMO, Patience Oniha, said this during an…
…Says Govt must increase revenue generation to reduce borrowing By Moses Adeniyi Burden of Nigeria’s public debt stock has been worsened by petrol subsidy as the borrowings of the Federal Government to finance budget deficits were increased by N1trillion to…
