…says Lagos, Rivers, Akwa Ibom top debtors’ list
Debt Management Office has put the total domestic debts owed by the 36 states of the Federation and the Federal Capital Territory, Abuja, at N4.1trillion as of the end of March, 2020.
According to the DMO, Lagos led with a debt profile of N444.22billion followed by Rivers that had a debt of N266.93billion.
Abia, Adamawa, Akwa Ibom and Anambra had debts of N69.63bn, N101.58bn, N240.03bn and N33.91bn, respectively, while Bauchi, Bayelsa, Benue and Borno also had N100.4bn, N154.95bn, N116.19bn and N83.38bn, respectively.
Cross River, Delta, Ebonyi and Edo had N165.91bn, N230.75bn, N42.41bn and N84.76bn, respectively, while Ekiti, Enugu, Gombe and Imo also owed N77.87bn, N62.98bn, N82.5bn and N163.99, respectively.
Jigawa, Kaduna, kano and Katsina owed N36.02bn, N78.69bn, N107.75 and N66.16bn, while Kebbi, Kogi, Kwara and Nasarawa had N69.26bn, N128.91bn, N62.89bn and N60.99, respectively.
DMO added that Niger, Ogun, Ondo and Osun had N59.83bn, N143.53bn, N65.29bn and N137.3bn, respectively, while Oyo, Plateau, Sokoto and Taraba owed N100.59bn, N130.73bn, N47.74bn and N81.26bn, respectively.
It also disclosed that Yobe’s domestic debt profile was N29.29bn, while Zamfara and the FCT had N70.84bn and N106.8bn, respectively.