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The Nigeria national debt or simply national debt of Nigeria is the total amount of money that the Federal Government of Nigeria owes to its creditors, both domestic and external. The national debt is composed of two main components: debt held by the public and debt held by government accounts. Debt held by the public includes Treasury securities held by investors outside the federal government, such as individuals, corporations, the Central Bank of Nigeria, and foreign, state and local governments. Debt held by government accounts includes non-marketable Treasury securities held in accounts of programs administered by the federal government, such as the Nigeria Social Insurance Trust Fund. The national debt is measured as the face value of the outstanding Treasury securities at a given point in time.
References
- ↑ Bhattacharyya, Rutan. Vaidya, Dheeraj (ed.). "What Is Debt Sustainability Analysis (DSA)?". Wallstreet Mojo. Retrieved February 10, 2024.
- ↑ "Debt Sustainability Analysis". World Bank. Retrieved 2024-02-10.
- ↑ Martin Guzman and Daniel Heymann - The IMF Deft Sustainability Analysis: Issues and Problems
- ↑ "A. Introduction B. Debt Sustainability Analysis Box 9.1. Definition of Debt Sustainability Some Tools for Public Sector Debt Analysis".
{{cite journal}}: Cite journal requires|journal=(help) - ↑ "Debt Sustainability Analysis -- Low-Income Countries". IMF. Retrieved 2024-02-10.
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