News
Nigeria’s public debt stock increases to N97.34trn in Q4 2023 – Report
By Francesca Hangeior
Reports from the National Bureau of Statistics (NBS) has revealed that Nigeria’s public debt stock increased from N87.91 trillion (114.35 billion dollars ) in the third quarter of 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter of 2023.
The NBS made this disclosure in its Nigerian Domestic and Foreign Debt Report for Q4 2023, released in Abuja.
According to the report said Nigeria’s public debt stock, which included external and domestic debt, grew by 10.73 per cent on a quarter-on-quarter basis.
It said that external debt stood at N38.22 trillion (42.50 billion dollars) in Q4 2023, while domestic debt was N59.12 trillion (65.73 billion dollars).
“However, the share of external debt to total public debt stood at 39.26 per cent in Q4 2023, while domestic debt was recorded at 60.74 per cent.’’
In a breakdown by state, the bureau said that Lagos State recorded the highest domestic debt of N1.05 trillion in Q4 2023, followed by Delta with N373.41billion.
The report showed Jigawa recorded the lowest domestic debt at N42.76 billion, followed by Kebbi at N60.69 billion.
In addition, it stated that Lagos State recorded the highest external debt with 1.24 billion dollars, followed by Kaduna State with 587.07 million dollars.
“Borno recorded the lowest external debt with 20.49 million dollars, followed by Yobe with 21.49 million dollars,” the NBS stated.
Parents of the nine kidnapped children in Miya village in Ganjuwa Local Government Area of Bauchi State have appealed to Governor Bala Mohammed to intervene and assist them in rescuing their wards.
The parents made the plea while speaking with journalists at the NUJ Press Centre in Bauchi on Wednesday.
The spokesman of the parents, Musa Kwana, who is the traditional ruler of the community stated that unless the governor and his wife Aisha Bala Mohammed intervene, they may not see their children again.
Kwana gave the names of the children abducted as Sangi Turaki, Cikawa Turaki, Danjuma Turaki, Yangawa Dogo Talangu, Bebi Bawa, Jumolo Dangaladima, Kangaya Kori, Jummai Adamu and Alti Shehu, all of Miya village in Ganjuwa LGA of Bauchi State.
The spokesman said, “Now that we have tried everything humanly possible for several years since the incident happened in 2014 and could not get a positive result, we want the governor and his wife to step in and wipe our tears. We want to see our children.”
The Federal Capital Territory (FCT) Police Command has arrested a woman for allegedly attempting to sell a 3-year-old boy she claimed to be her son for N1.5 million.
Police sources told security analyst, Zagazola Makama that the suspect, identified as Hana Yusuf of Kpaduma II Village, approached a resident, Isaac Tom, on March 18, 2025, requesting his help in finding a buyer for the child.
Tom, disturbed by the request, reported the matter to the Asokoro Police Division.
Acting swiftly, police operatives set up a sting operation, with ASP Promise Gandi posing as a potential buyer.
The suspect was lured to a meeting point, where she was arrested, and the child was safely rescued.
Preliminary investigations confirmed that the child, Yusuf Ibrahim, is the son of Mr. and Mrs. Mariam Ibrahim of Kpaduma II, Guzape.
The police have since reunited the boy with his parents while further investigations continue.
The suspect remains in custody and is undergoing interrogation.
Authorities say she will be charged in court upon completion of the investigation.
News
Who is advising you? – Nigerian lady criticizes women who discard their father’s name after marriage
A Nigerian lady, Ngozi, has criticized women who remove their father’s names after marriage.
“If in this era you marry, yank your papa name off and changed to ur husband’s name, nne iwu mgbada chi umu!!Who dey advise una sef?,” she wrote in a Facebook post on Thursday.
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