The Debt Management Office (DMO) has debunked claims that the Federal Government of Nigeria (FGN) spent N611.71 billion to service a domestic US Dollar-denominated bond in March 2025.
The agency clarified that the actual amount used for debt service in the referenced period was N67.988 billion.
In a statement issued on Thursday, the DMO described the N611.71 billion figure, which has been circulating in some media reports, as “wrong in its entirety”.
