The proposed securitisation of the N22. 7 trillion Central Bank of Nigeria (CBN) Ways and Means (loan) to the federal government when approved by the National A
ssembly would be the largest source of the projected N77 trillion debt stock at the end of this administration.
It explained further that the public debt stock was the total sum of debts owed by the federal and state governments, as well as, the Federal Capital Territory.
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