Lagos, Delta Top States’ N5.33trn Domestic Debts
The domestic debt owed by state governments and the Federal Capital Territory administration rose to N5.33tn as of the end of December 2022.
The sub-national domestic debt stock was N4.46tn by the end of 2021, which means it rose...
Akwa Ibom, Lagos, Rivers, Lead In N4.19trn Subnational Domestic Debts
The domestic debts owed by state governments and the Federal Capital Territory rose to N4.19tn at the end of the third quarter of 2020, with Lagos, Rivers and Akwa Ibom as the three most indebted,...
Rivers, Lagos Lead As States Domestic Debts Hit N4.1trn
The total domestic debts for the 36 states of federation and the Federal Capital Territory stood at N4.1tn as of the end of March, 2020, the Debt Management Office has disclosed.
According to the DMO, Lagos led...
FG Debt Increases By N1.26trn
The Federal Government’s domestic debt outstanding rose by N1.26trn to N13.41trn as of June 2019, over the figure for the corresponding period of 2018.
This was disclosed in the Central Bank of Nigeria’s half year report on Federal Government’s domestic debt.
Part...
FG Spent N610.2bn Servicing N13trn Domestic Debts In Q1, 2019
Within a three- month period, covering January to March this year, the Federal Government spent the sum of N610.2bn paying interest on its domestic debts. The amount is contained in a report on the nation’s...
