Disclose Nigeria’s external debt-service schedule for second quarter – Atiku to Tinubu govt
The African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, on Saturday, charged the Debt Management Office (DMO) to disclose Nigeria’s external debt-service schedule for the second quarter of 2026. Atiku issued the charge in a statement by the ADC Presidential Campaign Council’s Director of Strategic Communications, Phrank Shaibu. According to Shaibu, the DMO recorded $39.25…
Atiku Abubakar, the presidential candidate of the African Democratic Congress, has called upon the Debt Management Office (DMO) to release Nigeria's external debt-service schedule for the second quarter of 2026. The DMO disclosed $39.25 million in "other charges" between April and June 2026, with $22.5 million attributed to a First Abu Dhabi Bank Total Return Swap and $8.97 million to Deutsche Bank AG.
Atiku has requested further clarification on the $22.5 million charge, including the agreement that authorized it, the original facility, the amount drawn, and the outstanding obligations. Additionally, he has demanded a reconciliation of Treasury Bill borrowing, specifically asking for details on what matured, was redeemed, was rolled over, and what constituted new borrowing.
Atiku emphasizes that Nigerians deserve transparency and a full understanding of their country's financial obligations.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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