The Federal Government has approved Nigeria’s Medium-Term Debt Management Strategy (MTDS) for 2024–2027, a framework aimed at promoting debt sustainability, strengthening fiscal stability, and further developing the domestic securities market.
The Debt Management Office (DMO) announced the approval in a statement on Saturday, explaining that it followed endorsement by the Federal Executive Council (FEC).
Developed with technical support from the World Bank and the International Monetary Fund (IMF), the MTDS is recognised internationally as a benchmark for sound public debt management.
According to the DMO, the strategy is designed to balance government financing needs with debt sustainability while maintaining borrowing costs and associated risks at prudent levels.
“The key objectives of the MTDS are to meet the government’s financing needs and debt obligations in the short to medium term, while considering cost–risk trade-offs in the debt portfolio; to ensure an optimal composition of public debt that guarantees sustainability; and to deepen the domestic securities market through the introduction of new products,” the statement read.
