Kaduna state has a profile debt of N880 Billion in naira Even with this big debt, the state has kept borrowing more money, making the debt even bigger. Introduction Kaduna State in northern Nigeria has a big problem with loans. In 2023, Kaduna’s debt was $587.07 million, up from $573.74 million in 2022. Every year, … Read more
Edo State has a debt profile of $314 Million (N450 Billion in naira) By 2016, when Governor Obaseki came into power, the debt had reached 100 billion naira. Introduction Edo State in Nigeria is the largest by land area. It has taken many loans, totaling over 400 billion naira. In 2023, its external debt reached … Read more
Lagos state has a debt profile of $1.8 Billion (N2.6 trillion in naira) These loans are used for important things like building roads and schools. But having so much debt can be tricky. Introduction Lagos State is the most developed state in Nigeria with a strong economy. However, it has a very high loan. By … Read more
Yobe state has a debt profile of N121 Billion naira The loans from both Governor Gaidam and the current governor have added to this large debt. Introduction Yobe State in Nigeria faces many problems. It owes more than N100 billion in loans. Each year, this debt grows by 10% to 20%. Boko Haram has caused … Read more
Abia state has a debt profile of N191 Billion naira To fix this, they should find other ways to make money. It should not rely only on oil and loans. Introduction Abia State in Nigeria is rich and produces oil. It is worth trillions of naira. However, the state has borrowed a lot of money … Read more
Nigeria debt profile is at $103 Billion (N148 trillion in naira) Nigeria needs to handle its money and loans carefully. The government should make sure that any borrowed money is used wisely Introduction Nigeria’s national debt is a big problem. The country owes more than N97 trillion, which is over 100 billion dollars. Every year, … Read more
Kano state has a debt profile of $170 Million (246 Billion in naira) The state needs to be careful, though. Borrowing too much money can cause trouble later. Introduction Kano State, in northern Nigeria, is a busy and rich area. Business is good, and the state has nice roads and schools. This progress is partly … Read more
Taraba state has a debt of over N100 Billion under Governor Darius Ishaku, Taraba State has taken loans from Zenith Bank, UBA, and foreign banks. These loans are meant for development projects but have caused the state to owe a lot of money. Introduction Taraba State in Nigeria has a very big problem with debt. … Read more