Debt Management Office (DMO) has releases how much each Nigerian State Owes To China, India, and Other Organizations as it hits ₦1.87trn!
The Debt Management Office has released the external debt profile of each state as of the end of June 30, 2021
According to DMO data, Lagos has the highest external debt among the 36 states, followed by Kaduna and Edo, Borno, Yobe, and Federal capital territory (FCT) occupy the bottom three positions of states with the least external debt stock.
Here is the list of states with their current debt profiles:
Abia $99.74m
Adamawa $116.58m
Akwa Ibom $48.72m
Anambra $111.48m
Bauchi $133.69m
Bayelsa $63.12m
Benue $32.96m
Borno $16.70m
Cross River $184.60m
Delta $62.20m
Ebonyi $65.35m
Edo $281.47m
Ekiti $102.30
Enugu $124.22m
Gombe $33.21m
Imo $96.97m
Jigawa $30.53m
Kaduna $559.50m
Kano $67.67m
Katsina $55.35m
Kebbi $43.25m
Kogi $29.53m
Kwara $46.54m
Lagos $1.38bn
Nassarawa $58.47m
Niger $70.37m
Ogun $103.65m
Ondo $85.95m
Osun $95.50m
Oyo $87.73m
Plateau $32.76m
Rivers $86.36m
Sokoto $37.15m
Taraba $20.59m
Yobe $25.81m
Zamfara $32.01m
FCT $29.45m
The question to ask is; can we feel the impact of these loans in the respective states?
If you learnt anything from this, kindly share with someone out there.
Yours-In-Entrepreneurship
Dr. Emmanuel Idenyi Shaibu
animn, ace, f.hcd, f.dss, m.frcn, fimc, cmc, cms, FAiPA, DPA, ACCrFE
Kindly contact us @ Naijalivetv@gmail.com
Call or Whatsapp: 07035262029, 07016666694, 08129340000