State Government Debts Figures Hits New Height. The Nigerian Debt Management Office has released the current Debt situation of Various states, as against the 2012 figures posted by Hope For Nigeria released two weeks. Regrettably, some state debts have increased to between 20% to 50% in one year. State With High Debt Figures:: 1] Lagos (APC) $856.53 million (From $611Million in 2012), 2] Kaduna (PDP) $225.617 million. 3] Ogun (APC) $105.922 Million. 4] Oyo (APC) $74.376 million 5] Katsina (PDP) $72.527 million 6] Bauchi (PDP) $66.033 Million 7] Osun (APC) $62.341 million =========================== States With Low Debt Figures:: 1] Adamawa, $29.808million 2] Benue (PDP) $29.032 million 3] Bayelsa (PDP) $27.677 million 4] Anambra (APGA) $27.312 million 5] Plateau (PDP) $21.93 million 6] Delta (PDP) $18.85 million. 7] Borno (APC) $14.34million. Experts are projecting that it may take Lagos state about 89 years to pay up all its external debts and this is three generation of Lagosians.
Posted on: Wed, 14 Aug 2013 19:08:28 +0000
Trending Topics
Recently Viewed Topics
© 2015