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Nairaland Forum / Nairaland / General / Politics / Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS (25526 Views)
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Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by globemoney: 11:41am On Sep 20, 2017 |
The National Bureau of Statistics (NBS) in its report on Nigerian Domestic and Foreign Debt – June 2017 data yesterday, said Nigeria’s foreign debt stood at $15.05 billion, while the domestic debt portfolio was put at N14.06 trillion in June this year. This represents a growth of $3.64 billion and N0.04 trillion respectively within a six-month period. The NBS showed that $9.67 billion of the debt was multilateral; $218.25 million, bilateral, while $5.15 billion was from the Exim Bank of China, credited to the Federal Government. Federal Government debt accounted for 74 percent of Nigeria’s total foreign debt while all states and the Federal Capital Territory (FCT), accounted for the remaining 26 percent. Total Federal Government’s debt accounted for 78.66 percent of Nigeria’s total domestic debt, while all states and the Federal Capital Territory (FCT), accounted for the 21.34 percent balance. A breakdown of the Federal Government domestic debt stock by instruments reflected that N7.5 trillion or 68.41 percent of the debt was in Federal Government Bonds. About N3.3 trillion or 29.64 percent are in treasury bills, while N215.99 million or 1.95 percent are in treasury bonds. Lagos State has the highest foreign debt profile among the 36 states and the FCT, accounting for 37 percent; Kaduna, 6 percent; Edo, 5 percent; Cross River, 4 percent; and Ogun, 3 percent, followed closely. Lagos State had the highest domestic debt profile among the thirty-six states and the FCT, accounting for 10.39 percent; Delta, 8.04 percent; Akwa Ibom, 5.18 percent; FCT, 5.09 percent; and Osun, 4.90 percent, followed in that order. https://ynaija.com/nigerias-domestic-debts-hit-n14-06-in-june-nbs/ 1 Like 1 Share
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Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by globemoney: 11:42am On Sep 20, 2017 |
Anambra, no bailout funds, low debt profile and yet no civil servant is being owed salaries. Willie Obiano for president! 101 Likes 7 Shares
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Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by globemoney: 11:44am On Sep 20, 2017 |
so mr fake news nwabobo where did you get your data from? Obi1kenobi |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Nobody: 11:46am On Sep 20, 2017 |
I expected Lagos State to be the least indebted State 'cause of its allocation and what it generates yearly. 35 Likes 2 Shares |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by globemoney: 11:49am On Sep 20, 2017 |
OSun state is more indebted than Rivers State, wonders shall never end.. How did ogbeni get these loans? Must be a 419 scheme? Lalasticlala 64 Likes 5 Shares |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by globemoney: 11:51am On Sep 20, 2017 |
kimbraa:Years of mismanagement and servicing of yoruba leader Tinubu.. Lagos needs a willie obiano 96 Likes 8 Shares |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by globemoney: 1:39pm On Sep 20, 2017 |
globemoney: |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by LasGidiOwner: 2:03pm On Sep 20, 2017 |
Globemoney, nwanne m, you made it...osetigo Where is that clown that calls himself nwabobo? GOD BLESS the United States of Anambra(USA). 44 Likes 1 Share
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Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by DICKtator: 2:03pm On Sep 20, 2017 |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Bolustical: 2:04pm On Sep 20, 2017 |
kimbraa:A state that is currently investing so much infrastructure as Lagos will definitely borrow, There is no part of Lagos that projects are not going on hence the large IGR alone will not suffice By the time Lagos concludes its projects, you'd know that the current IGR is a child's play, There is no crime in borrowing, what matters most is judicious spending and servicing capability. 100 Likes 4 Shares |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by maxiuc(m): 2:04pm On Sep 20, 2017 |
Lagos eeeeh The day a new party takes over Lagos hmmm 1 Like 1 Share |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Bolustical: 2:04pm On Sep 20, 2017 |
globemoney:Tinubu's years of 'mismanagement' has made Lagos the 5th largest economy in Africa, At least, you cannot compare it with the years of 'judicious spendings' of Orji Uzor Kalu, T.A Orji, Sam Egwu, Martin Elechi, Tinubu's 'mismanagement' has made the likes of Evans desert the SE for more money in Lagos, In fact, his 'mismanagement' caused Akwa Ibom government to go against the will of its people by planning to build a 21 storey mansion in Lagos, Down deep in your heart, we know you want such 'mismanagement' in your state. 79 Likes 4 Shares |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Nobody: 2:04pm On Sep 20, 2017 |
Ambode sef 1 Like |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Bolustical: 2:04pm On Sep 20, 2017 |
kimbraa:How would a state that is richer than 30 other Nigerian states combined end up like Greece? 48 Likes 1 Share
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Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Elslim: 2:04pm On Sep 20, 2017 |
Sai biafra |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Beremx(f): 2:04pm On Sep 20, 2017 |
Impressive! 5 Likes |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Yomzzyblog: 2:04pm On Sep 20, 2017 |
Ok |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Robisky001(m): 2:04pm On Sep 20, 2017 |
I'm not surprised where Delta State is placed, in fact the ratings are flawed. 1 Like |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Desyner: 2:05pm On Sep 20, 2017 |
Osun is technically most indebted state going by its IGR and yearly debt repayment obligation. 11 Likes 2 Shares |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Nobody: 2:05pm On Sep 20, 2017 |
Blessed state, My state 6 Likes 1 Share |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Nobody: 2:05pm On Sep 20, 2017 |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Originality007: 2:05pm On Sep 20, 2017 |
imagine see what osun state is owing? Aregbe don finish that state.. |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by LasGidiOwner: 2:05pm On Sep 20, 2017 |
Beremx: Lady S, where have you been? I will be coming to Lagos next month for a conference at Eko Hotels. Hope to see you and your hubby. |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by dessz(m): 2:06pm On Sep 20, 2017 |
our IBO brodas be singing shoki. |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Amberon11: 2:06pm On Sep 20, 2017 |
Ok |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by iamchybs(m): 2:06pm On Sep 20, 2017 |
One of the reasons why even as an Igbo guy I don't push for Biafra. Those mudaf°ckas get allocations like other states... and always keep borrowing funds yet.... everywhere almost be like bush.... Na make guys fight government for poor governance. 22 Likes 2 Shares |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by nairavsdollars(f): 2:06pm On Sep 20, 2017 |
I can never believe NBS report...a fraudulent report that says Nigeria is out of recession but we are not 1 Like |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by Abfinest007(m): 2:06pm On Sep 20, 2017 |
richman Na hold debt pass. so Lagos as a rich I didn't expect d opposite 2 Likes |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by omofunaab(m): 2:06pm On Sep 20, 2017 |
Having huge debt profile shouldn't be an issue especially for states that have a robust economy. I mean states with huge IGR more than an entire region You spend money to make more money 7 Likes |
Re: Anambra Least Foreign And Domestic Indebted State. Lagos, Osun, Highest -NBS by PointZerom: 2:06pm On Sep 20, 2017 |
"Lagos State has the highest foreign debt profile among the 36 states and the FCT, accounting for 37 percent; Kaduna, 6 percent; Edo, 5 percent; Cross River, 4 percent; and Ogun, 3 percent, followed closely. Lagos State had the highest domestic debt profile among the thirty-six states and the FCT, accounting for 10.39 percent; Delta, 8.04 percent; Akwa Ibom, 5.18 percent; FCT, 5.09 percent; and Osun, 4.90 percent, followed in that order". 6 Likes
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