The Peoples Democratic Party (PDP) has raised questions over Federal Government’s “unwholesome” borrowings amounting to N24.38 trillion debts as the end of last year.
Debt Management Office (DMO) Director-General Ms. Patience Oniha said last week that the figure comprised of debts owed by the federal and states governments as well as the Federal Capital Territory (FCT).
She explained that the figure was N2.66 trillion higher than the N21.7 trillion recorded as at December 31, 2017, and represents a year-on-year growth of 12.25 per cent.
The PDP yesterday called on the National Assembly to investigate how the funds were disbursed.
