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Nigeria’s 36 states and the Federal Capital Territory as at 31st December 2020 have accumulated a total of $4,773,631,955.06, the Debt Management Office has published.
According to the chat, Lagos State accumulated the highest debt which stood at $1.3bn while Taraba State recorded the least which stood at $20.7m.
Meanwhile the Federal Government as at same date owed a whopping $28,574,453,967.84.
Whatever projects the various loans were approved to accomplish and how they are being serviced is a different story but the populace may sometimes need to engage the government for relevant information.
Below is a list of what the states of the federation and the Federal Capital owed as at the last day of 2020.
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- Abia – 96,792,227.14
2 Adamawa – 109,420,356.20
3 Akwa Ibom – 47,926,202.83
4 Anambra – 108,086,817.30
5 Bauchi – 134,910,555.23
6 Bayelsa – 62,971,785.96
7 Benue – 32,500,093.87
8 Borno – 20,806,178.11
9 Cross River – 192,476,708.61
10 Delta – 62,056,418.73
11 Ebonyi – 65,949,828.67
12 Edo – 280,299,984.40
13 Ekiti – 103,033,894.97
14 Enugu – 124,238,597.23
15 Gombe – 192,476,708.61
16 Imo – 96,116,538.75
17 Jigawa – 30,918,542.26
18 Kaduna – 567,484,870.18
19 Kano – 68,402,315.69
20 Katsina – 56,176,014.33
21 Kebbi – 43,608,960.77
22 Kogi – 30,157,822.27
23 Kwara – 47,063,330.19
24 Lagos – 1,406,484,824.30
25 Nassarawa – 58,590,484.12
26 Niger – 70,950,310.54
27 Ogun – 103,490,522.67
28 Ondo – 87,433,982.30
29 Osun – 107,440,069.62
30 Oyo – 83,700,232.50
31 Plateau – 37,923,856.78
32 Rivers – 96,696,928.15
33 Sokoto – 37,512,923.17
34 Taraba – 20,794,912.81
35 Yobe – 26,553,798.34
36 Zamfara – 32,084,664.68
37 FCT – 30,099,692.77
Total State & FCT – 4,773,631,955.06
Source: Debt Management Office as at December 31, 2020
