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The Debt Management , DMO, has published the Public Debt comprising the domestic and external debts of the Federal Government of (FGN), the 36 States of the Federation and the Federal Capital Territory (FCT) as at March 31, .

The figures were released in a statement on its website on Wednesday.

“At ₦24.947 Trillion (US$ 81.274 Billion) as at March 31, 2019, the Total Public Debt grew marginally by 2.30% when compared to the figure of ₦24.387 Trillion (US$ 79.437 Billion) as at December 31, 2018.

“The increase of ₦560.009 Billion in the Total Public Debt in Q1 2019, was accounted for largely by Domestic Debt which grew by ₦458.363 Billion.

“Increases were recorded in the Domestic Debt Stock of the FGN, States and the FCT. External Debt also increased by ₦101.646 Billion during the same period.

“In relation to the Debt Management Strategy, the Ratio of Domestic to External Debt stood at 68.49% to 31.51% at the end of March 2019.

“The Total Public Debt to GDP Ratio was 19.03% which is within the 25% Debt Limit imposed by the Government,” the statement read.

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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BREAKING: WHO suspends use of Chloroquine for treatment of COVID-19, gives reason

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BREAKING: WHO suspends use of Chloroquine for treatment of COVID-19, gives reason who 400x375 1

The World Health Organization (WHO) on Monday, said it had “temporarily” suspended clinical trials of hydroxychloroquine, as potential treatment for COVID-19.

WHO Director-General, Tedros Adhanom Ghebreyesus, addressing a virtual press conference, said that the WHO-backed trials had been “suspended while the safety is reviewed”.

The decision has been taken, after a publication indicated that the use of Chloroquine could increase the likelihood of dying.

“It’s important to continue to gather evidence on the efficacy and safety of hydroxychloroquine.

“We want to use it if it’s safe and efficacious, reduces mortality, reduces the length of hospitalization without increasing adverse events,” WHO Chief Scientist, Soumya Swaminathan, added at the press briefing in Geneva.

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Buhari signs Fertiliser Act 696x375 1
Buhari 1

The National Coordinator, Concerned Advocates for Good Governance, CAGG, Barrister Olusegun Bamgbose, Esq., has advised President Muhammadu Buhari to open up worship centres in the country without further delay.

Bamgbose noted that religious houses are power houses of the country, adding that continuing shutdown of such places may spell doom for ’s political leaders.

According to him, “It’s no doubt that the temporary closure of religious activities in Nigeria was due to the ravaging pandemic, Coronavirus.

“The virus has actually not subsided. People are actually dying everyday. The number of infected persons are rising everyday. This is no doubt a sad development.

“The lockdown is no doubt necessary to halt the spread of the highly dreaded virus that has claimed many lives in Nigeria.

“However it has become necessary for the Federal Government to declare Mosques and Churches open for normal services.

“The Federal Government should realize that religious houses are power houses of the country.

“This nation would have ceased to exist as one country except for the prayers of the Moslems and Christians. The time is ripe for the power houses to be opened for normal services.

“I believe I’ve the permission of God to make this statement. This should be done not later than 19th June, 2020, to avoid an open disaster in high quarters.

“Continuing shut down of religious houses may spell doom for our political leaders. One will, however, warn the prosperity preachers to soft pedal on this.

“In the same vein, one will urge the Federal Government to open schools in batches.

“The JSS 3, SS3 and final year students in our tertiary institutions should be allowed to resume for obvious reasons.

“They should be allowed to resume and take their exams. The indefinite closure of schools may be counterproductive.”

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