Civil rights groups on
Friday berated the Muhammadu Buhari-led administration for incurring a N2.2tn
domestic debt in the last one year.
The groups, in separate interviews on Friday
with Saturday
Punch, said that there were no visible impacts of the borrowed money on
the country in the period.
It was reported on Wednesday
that statistics obtained from the Debt Management Office showed that the
Federal Government’s domestic debt stood at N10.6tn as of June this year, up
from N8.4tn a year ago.
According to the report, the country’s total debt liability
rose to N16.29tn in June 2016 from N12.12tn in June 2015.
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