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Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn - Politics - Nairaland

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Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Ctorch: 2:19pm On Jul 06, 2020
The total domestic debts for the 36 states of federation and the Federal Capital Territory stood at N4.1tn as of the end of March, 2020, the Debt Management Office has disclosed.

According to the DMO, Lagos led with a debt profile of N444.22bn followed by Rivers that had a debt of N266.93bn.

Abia, Adamawa, Akwa Ibom and Anambra had debts of N69.63bn, N101.58bn, N240.03bn and N33.91bn, while Bauchi, Bayelsa, Benue and Borno had N100.4bn, N154.95bn, N116.19bn and N83.38bn respectively.

Cross River, Delta, Ebonyi and Edo had N165.91bn, N230.75bn, N42.41bn and N84.76bn, while Ekiti, Enugu, Gombe and Imo had N77.87bn, N62.98bn, N82.5bn and N163.99 respectively.

Jigawa, Kaduna, kano and Katsina had N36.02bn, N78.69bn, N107.75 and N66.16bn, while Kebbi, Kogi, Kwara and Nasarawa had N69.26bn, N128.91bn, N62.89bn and N60.99 respectively.

According to the DMO, Niger, Ogun, Ondo and Osun had N59.83bn, N143.53bn, N65.29bn and N137.3bn, while Oyo, Plateau, Sokoto and Taraba had N100.59bn, N130.73bn, N47.74bn and N81.26bn respectively.

The DMO disclosed that Yobe’s domestic debt profile was N29.29bn, while Zamfara and the FCT had N70.84bn and N106.8bn respectively.

https://www.google.com/amp/s/punchng.com/lagos-rivers-lead-as-states-domestic-debts-hit-n4-1tn/%3famp=1

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Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Nobody: 2:24pm On Jul 06, 2020
What did obiano actually do with all these money?

No visible evidence .......probably borrowed and looted.

5 Likes 1 Share

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Nobody: 2:38pm On Jul 06, 2020
Osagyefo98:
What did obiano actually did with all these money?

No visible evidence .......probably borrowed and looted.
and you were supporting obaseki!? Lmao.

Even Edo state debts is bigger than anambra plus Edo state received more allocations plus 13% oil money. But not a single infrastructural project in Edo state

38 Likes 2 Shares

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Simplyleo: 2:41pm On Jul 06, 2020
Osagyefo98:
What did obiano actually did with all these money?

No visible evidence .......probably borrowed and looted.

Lalasticlala

48 Likes 1 Share

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Nobody: 2:42pm On Jul 06, 2020
TheGodlessGod:
and you were supporting obaseki!? Lmao.

Even Edo state debts is bigger than anambra plus Edo state received more allocations plus 13% oil money. But not a single infrastructural project in Edo state

What is my business with edo state and is there any of my comments that lends support to obaseki.

I only asked you to stop disturbing our peace here with obaseki and iyamu issues. The choices are you guys to make and not mine.

Moreover the real voters are not on nairaland.

10 Likes 1 Share

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Nobody: 2:44pm On Jul 06, 2020
Simplyleo:

You are welcome.

All sw states are already on auction.

Seems I am your nightmare...lol

25 Likes

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by BeijinDossier: 2:49pm On Jul 06, 2020
Biko, what did a useless state like Imo do with 163 billion? Okoroawusa used it to build statues while the entire roads in the state are dilapidated and in shambolic mess cheesy

8 Likes 1 Share

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by NGpatriot: 2:58pm On Jul 06, 2020
Deebwebb:
As usual Lagos state leads,Tinubu has rendered Lagos useless no wonder aworis are crying that they are not yoruba,I just wonder how Yoruba's love AMD take a criminal like tinubu as a godfather, ayoruba Muslim ones told me Tinubu is his role model


Of course, all the gbese and debts in your village and what your village kerosene leaders did with your humongous debt no matter or concern you, na Lagos own dey pain you as usual.

Igbos are suffering from the Asiwaju Tinubu disease and obsession, an incurable disease.


grin grin

47 Likes 3 Shares

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Deebwebb: 3:05pm On Jul 06, 2020
NGpatriot:



Of course, all the gbese and debts in your village and what your village kerosene leaders did with your humongous debt no matter or concern you, na Lagos own dey pain you as usual.

Igbos are suffering from the Asiwaju Tinubu disease and obsession, an incurable disease.


grin grin




we aworis are not Yoruba leave Lagos for us,you people are causing nuisance in our land.look at one of us speaking.we deported u people during fashola time and we will do it again.

16 Likes

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by NGpatriot: 3:15pm On Jul 06, 2020
Deebwebb:
we aworis are not Yoruba leave Lagos for us,you people are causing nuisance in our land.look at one of us speaking.we deported u people during fashola time and we will do it again.


lol @ abakaliki Igbos, Awori people are actually Yoruba people from Ile Ife, the cradle of Yoruba civilization just like other Yoruba people all over the world.

Stick to your abia village existence for your own good.


grin grin

39 Likes 1 Share

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by bolaayenimo: 3:16pm On Jul 06, 2020
The richest, the most indebted states

1 Like

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by topresearch(f): 3:16pm On Jul 06, 2020
Omg
Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Amspecial: 3:16pm On Jul 06, 2020
grin
Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by FlatSkull: 3:17pm On Jul 06, 2020
reverse state at work
My people in aba go borrw heavn nd earth bt dey still get plenty bad road
Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Sammy07: 3:17pm On Jul 06, 2020
Yes, awori are not Yoruba. cheesy

Deebwebb:
we aworis are not Yoruba leave Lagos for us,you people are causing nuisance in our land.look at one of us speaking.we deported u people during fashola time and we will do it again.


NGpatriot:



lol @ abakaliki Igbos, Awori people are actually Yoruba people from Ile Ife, the cradle of Yoruba civilization just like other Yoruba people all over the world.

Stick to your abia village existence for your own good.


grin grin

Are you minding him?

9 Likes

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by CODEIN: 3:17pm On Jul 06, 2020
Reply to the propaganda thread: 4 Popular Nigerians That Have Been Charged & Arrested Abroad For Fraud

BlowYourMind:
Ezego, importer and exporter in the day, but Yahoo Yahoo, scammer and swindler in the night, E-money you are highly recognized, business without name in the drug trafficking in the hide, bishop Ozulubu I hail thee, entrepreneur in the day, BEC scam in the tide, Invictus Obinwanne Okeke how is US jail, Airline operator in Nigeria, money laundering in US, Allen Onyema, how is business, clothes sellers at market in the day, armed robbers in the night, dugbe ehbos clothes sellers how far? Electronics sellers in the day, scamming and swindling in the day, Alaba ehbos sellers, I dey feel you.

How they actually rank up

Emmanuel Nwude $280Million advance fee fraud against bank of brazil (Igbo)

Tobechi ‘blingz’ Onwuhara $40million home equity line of credit fraud (igbo)

Frank ‘Fizzy’ Onyeachonam £30m fraud scammed foreign pensioner of their life saving (igbo)

2 Likes

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Halfamilli: 3:17pm On Jul 06, 2020
OGUN AND ONDO
Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by DuBLINGreenb(m): 3:17pm On Jul 06, 2020
Blame Wike and Tinubu

Tinubu taxes every governor who in turn borrow to settle him. Na bullion van go jam Tinubu

Wike just cool down they use Rivers money to operate PDP, he has PDP by the balls. Meanwhile he hasn't done anything tangible for The state except Pleasure park which is f*cking expensive and compared to Obodo cattle ranch or Yankari game reserve that park is miniscule and insignificant.

4 Likes 1 Share

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Nobody: 3:17pm On Jul 06, 2020
With such huge debt profile, Lagos State's slogan should be changed from centre of excellence to CENTER OF DEBTORS AND AUDIO MILLIONAIRES. undecided

3 Likes

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by ProfAmaben(m): 3:18pm On Jul 06, 2020
Borrow Borrow Borrow!

Borrowing isn't bad but the money has to be put into very good use to yield dividends and pay off the loan plus interest.

Nigerian governors are highly irresponsible from this statistics.

2 Likes

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by tot(f): 3:18pm On Jul 06, 2020
Rather than focus on this serious topic, the usual foolish posters will drag themselves into tribalistic and political fights.

Your looters are looting, you are fighting, who is losing out here? undecided undecided

16 Likes

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by Exc2000: 3:19pm On Jul 06, 2020
cool



Seyi Makinde within a year borrowed over 40billion from UBA and FirstBank at some ridiculously high interest rate

Fantabulous borrower without visible project, only audio projects

Lagos that borrowed 400 billion makes an IGR of 30 billion per month and in a year they can offset their debt, but here in Oyo State it would take 40 years to pay back what Seyi Makinde borrowed within a year, and he still brags he wants to borrow more

.

4 Likes 1 Share

Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by ebujany(m): 3:19pm On Jul 06, 2020
So non is debt free? Lagos own is outrageous yet they keep making noise
Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by pointstores(m): 3:19pm On Jul 06, 2020
Nawa
Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by NaijadrivaCars: 3:19pm On Jul 06, 2020
Hmmmmmm
Re: Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn by fasho01(m): 3:20pm On Jul 06, 2020
I'd have been surprised if I didn't see Lagos topping the list

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