Obierika:


The population of the entire Lagos was less than 1,000,000 as at that time

IVORY2009:



State like Delta was not suppose to be in that list, despite being an oli producing state, due to high corruption, there is nothing to show for it.

Depriest2020:
Mostly southern Nigeria with nothing much to show for it.

victorclean:
Agbadorians will soon attack the author

horsepower102:
🇳🇬MOST INDEBTED STATES - JUN 2023



Source: Statisense via (DMO)

horsepower102:
🇳🇬MOST INDEBTED STATES - JUN 2023



Source: Statisense via (DMO)

horsepower102:
🇳🇬MOST INDEBTED STATES - JUN 2023



Source: Statisense via (DMO)

Slurity:
Why will they attack the author, you may need to know that US has more debt that Nigeria, the problem is not how mush you are owning but what can be seen that you have used the debt for.

Over the past 100 years, the U.S. federal debt has increased from $404 B in 1923 to $33.17 T in 2023. Comparing a country's debt to its gross domestic product (GDP) reveals the country's ability to pay down its debt.

Understanding the National Debt | U.S. Treasury Fiscal Data

Treasury Department (.gov)
https://fiscaldata.treasury.gov › americas-finance-guide.

Nigeria debt is is less that 44Billion dollars. compare to 33.17 trillion dollars of US.

horsepower102:
🇳🇬MOST INDEBTED STATES - JUN 2023



Source: Statisense via (DMO)

horsepower102:
🇳🇬MOST INDEBTED STATES - JUN 2023



Source: Statisense via (DMO)

Depriest2020:
Mostly southern Nigeria with nothing much to show for it.

Depriest2020:
Mostly southern Nigeria with nothing much to show for it.

horsepower102:
Some states on the list have both high IGR and high federal allocations yet they are drowning in debt

MEEVEET:

Yes that is why Akwa Ibom borrow against that money and send the debtors to FG

That state is the best state in Nigeria in terms of financial state

They just haven't had smart leaders who would build a their human capital development

Building roads won't do it, building factories won't do it either

gare:


What exactly did Delta use all that money for, look at Rivers states with all it's projects is actually half of what Delta state is owing.

I believe part of the money was used to sponsor Atiku 😂

MEEVEET:

Ibom port won't work for same reason lekki sea port won't work

Until the law is change to allow everyone import anything from any port

That's the Koko

Soludo wanted to build pharmaceutical industrial layout in Anambra as minimum 60% of local pharmaceutical companies are owned by igbos

They told him the truth... Pharmaceutical and chemicals can only be imported through apapa not even tincan

That's why they are all in Lagos and Ogun

Such laws are the main reasons investors are holding back

MEEVEET:

Ibom port won't work for same reason lekki sea port won't work

Until the law is change to allow everyone import anything from any port

That's the Koko

Soludo wanted to build pharmaceutical industrial layout in Anambra as minimum 60% of local pharmaceutical companies are owned by igbos

They told him the truth... Pharmaceutical and chemicals can only be imported through apapa not even tincan

That's why they are all in Lagos and Ogun

Such laws are the main reasons investors are holding back

Racoon:
Delta state ought not to be on that list. Same with Akwa Ibom. So much allocation but poor IGR hence economically unviable.

Meanwhile Lagos as usual remains a paradox. Generating so much but with grossly less to show for it. This is why GDP: debt ratio is a more reliable index of economic development than IGR.

Racoon:
Delta state ought not to be on that list. Same with Akwa Ibom. So much allocation but poor IGR hence economically unviable.

Meanwhile Lagos as usual remains a paradox. Generating so much but with grossly less to show for it. This is why GDP: debt ratio is a more reliable index of economic development than IGR.

IamAtikulate:

USA debt is held publicly and intergovernmental holding. Nigeria debt is external.

U.S.A debt is like you owing yourself, while Nigeria is like a person owing another person

Bestmanfornow:

The dodomayanas from Southwest hate to see this list, very dumbo brains next is to mention US and China, they always trying to use IGR to cover shame, while their leaders borrow to pay salary, I don't know when these guys go get sense, every year same stupidity

They enjoy borrowing, I pity Nigerians, by the time they are through Nigeria will be most indebted country in the world with nothing to show for

horsepower102:
Some states on the list have both high IGR and high federal allocations yet they are drowning in debt