He revealed that after checking the Debt Management Office of Nigeria website, the update showed that the country is owing a total debt of ₦29,251,440,000 which then means that despite the minimum wage standing at ₦18,000; an estimate of ₦167,151 is owed by each individual.
His reaction came after the Honourable Minister of Finance, Budget & National Planning, Zainab Ahmed said that Nigeria has no debt problem in a post shared by The Cable, one of Nigeria's independent online newspaper.
Excerpts from the tweet are below:
As usual, Nigerians started reacting:I just checked DMO website, and the last update on Nigeria’s total debts shows our total debts amount to about ₦29,251,440,000,000 (₦29.3 trillion). So each Nigerian owes N167,151 (based on our last official census). Nigerian minimum wage is STILL ₦18,000. We have a debt problem! https://t.co/740P5uCURS— Gimba Kakanda (@gimbakakanda) August 27, 2019
@richmanlordy said: Which bank can I start remitting mine because I want to make hay while sun is shining.
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