Nigerian states including the Federal Capital Territory are debt to the tune of N4.2tn according to the National Bureau of Statistics (NBS).
With the latest report, Lagos State accounted for 12.15 percent of the debt stock as of the end of 2020 while Jigawa state had the least debt stock in this category with a contribution of 0.74 per cent.
Here is the list of states with their current debt profiles.
Abia – N89.12bn
Adamawa – N98.9bn
Akwa Ibom – N230.8bn
Anambra – N59.97bn
Bauchi – N102.8bn
Bayelsa – N144.13bn
Benue – N126.12bn
Borno – N89.05bn
River – N163.16bn,
Delta – N248.45bn
Ebonyi – N44.21bn
Edo – N80.78bn
Ekiti – N84.97bn
Enugu – N68.09bn
Gombe – N84.72tn
Imo – N150.2bn
Jigawa – N30.97bn
Kaduna – N68.75bn
Kano – N116.93bn
Katsina – N48.03bn
Kebbi – N56.81bn
Kogi – N68.09bn
Kwara – N63.63bn
Lagos – N508.78bn
Nasarawa – N59.4bn
Niger – N66.77bn
Ogun – N153.49bn
Ondo – N74.66bn
Osun – N134.11bn
Oyo – N94.5bn
Plateau – N137.8bn
Rivers – N266.9bn
Sokoto – N42.36bn
Taraba – N106.04bn
Yobe – N54.87bn
Zamfara – N98.02bn
FCT – N69.5bn
According to Debt Management Office, Nigeria’s total public debt rose to N32.9tn at the end of December 2020.
The report from the DMO said the figure stood at N32.2tn as of the end of September 2020. This consequently showed an increase of N700bn.
Source: LegitNG
