A recent data released by the Debt Management Office (DMO) has shown the debts of all the 36 states in Nigeria including the FCT.
DMO stated that Nigeria’s public debt stock as at December 31, 2023 was N97.341 trillion (108.229 billion dollars).
It noted that the amount comprised domestic and external debt stocks of the Federal Government, the 36 states governments and the Federal Capital Territory (FCT).
Below is the 36 states and FCT total indebtedness according to DMO
SOUTH-SOUTH
Delta: ₦426.72bn
Cross River: ₦410.09bn
Edo: ₦406.69bn
Rivers: ₦305.37bn
Akwa Ibom: ₦228.80bn
Bayelsa: ₦204.53bn
SOUTH-WEST
Lagos: ₦2.17tn
Ogun: ₦430.52bn
Osun: ₦223.07bn
Ekiti: ₦219.44bn
Oyo: ₦217.35bn
Ondo: ₦143.64bn
NORTH-EAST
Bauchi: ₦329.57bn
Adamawa: ₦231.08bn
Gombe: ₦138.33bn
Borno: ₦117.20bn
Yobe: ₦110.75bn
Taraba: ₦102.40bn
NORTH-WEST
Kaduna: ₦613.53bn
Kano: ₦219.43bn
Katsina: ₦144.56bn
Zamfara: ₦136.70bn
Sokoto: ₦122.02bn
Kebbi: ₦96.93bn
Jigawa: ₦65.96bn
NORTH-CENTRAL
Benue: ₦214.05bn
Plateau: ₦202.94bn
Niger: ₦201.01bn
Kogi: ₦167.83bn
Kwara: ₦149.24bn
Nasarawa: ₦117.82bn
FCT: ₦111.75bn
SOUTH-EAST
Imo: ₦286.70bn
Abia: ₦218.73bn
Enugu: ₦200.55bn
Anambra: ₦170.65bn
Ebonyi: ₦155.79bn
Meanwhile, the Central Bank of Nigeria, CBN has again crashed the price of dollar for Bureau De Change, BDCs operators across the country.
The apex bank in a statement issued on Monday announced the sale of $10,000 to each BDC at a rate of N1,101/$1.
This was contained in a post on the CBN X platform , on Monday, 8th April, 2024.
The development is coming few days after the BDC operators requested a review of the buying rate of the dollar by the CBN.
