Ogun Domestic Debt Hits N141bn, Delta N230bn, Lagos N441bn - THE DAILY CRUCIBLE

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Wednesday, February 19, 2020

Ogun Domestic Debt Hits N141bn, Delta N230bn, Lagos N441bn

from Jane Okafor, Abuja

The domestic  debt profile of Ogun State hits all time high of one hundred and forty billion, nine hundred and ninety  three million, four hundred and twenty - six thousand, eight  hundred and seventy - five naira and two kobo(N140,993,426,875,02) as at September 2019.


Also, the debt burden of the 36 States of the Federation and the Federal Capital Territory (FCT) put together is put at four trillion, forty two billion, three hundred and ninety - four million, six hundred and one thousand, four hundred and twelve naira and forty - nine kobo(N4,042,394,601,412.49)

This is contained in a snippet of information from the Debt Management Office which also puts the debt burden of Delta State at N230bn, Rivers N267bn, Akwa Ibom N237bn, with Lagos having the highest figure of N441 while  Yobe has the lowest of N29bn.




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