Tag: Debt Recovery

DMO: Alarm Over National Debt Unnecessary
January 6, 2023 No Responses

DMO: Alarm Over National Debt Unnecessary

The alarm created around the country’s projected public debt by a segment of the media was unnecessary, the Debt Management Office (DMO), said on Thursday.  The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by...
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FG Vows To Recover N37b Debts Owed By Bi-Courtney, Others
July 9, 2021 No Responses

FG Vows To Recover N37b Debts Owed By Bi-Courtney, Others

The Minister of Aviation, Hadi Sirika, says efforts have been intensified by the ministry to recover over N37 billion debts owed by airlines in the country.  The minister made this known at the weekly ministerial press briefing organised by the...
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DMO Explains Nigeria’s N26trillion Debt
January 18, 2020 No Responses

DMO Explains Nigeria’s N26trillion Debt

The Director-General, Debt Management Office (DMO), Patience Oniha on Friday disclosed that Nigeria’s total public debt rose above N26.22 trillion as at September 2019.  In a chat with Journalists in Abuja, Oniha also denied denied recent reports that t...
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FG Sets Up Inter-Agency Task Force On N5t AMCON Debt Recovery
September 18, 2019 No Responses

FG Sets Up Inter-Agency Task Force On N5t AMCON Debt Recovery

The Federal Government has taken another determined step in its bid to recover over N5 Trillion outstanding debts owed the Asset Management Corporation of Nigeria (AMCON), with the formal inauguration of an inter-agency Committee to speedily resolve the challe...
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