IPMAN Threatens To Shut C/River, Akwa Ibom Petrol Stations   The Independent Petroleum Marketers Association of Nigeria, Calabar Depot, has threatened to shut down filling stations in Cross River and Akwa Ibom states over alleged incessant harassment of its leadership by security operatives. The threat came on...

Lagos, 3 Others Owe Over Half Of States’ Foreign Debt Four states of the federation — Lagos, Edo, Kaduna and Cross River — dominate the list of sub-national governments indebted to foreign bodies, statistics obtained from the Debt Management Office, has shown. Analysis of the DMO...

FRC: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480%   The debt status of most states of the federation exceeds 50 per cent of their annual revenues. For 18 states, the debt profiles exceed their gross and net revenues by more than 200 per...