Budget Losses, Less Revenue Cause For Rising Debt –DMO

According to the Debt Management Office (DMO), Nigeria’s high debt profile is the result of decades of running budget deficits by successive administrations. Patience Oniha, the Director-General of the DMO, stated this on Sunday in Abuja. According to Oniha, an analysis of Nigeria’s fiscal statistics reveals that the government has not only run expanding budget … Continue reading Budget Losses, Less Revenue Cause For Rising Debt –DMO