News
External Debt: Osun Emerges Top 3 States With Reduced External Debt
reduced debt figure by $14.6M in 18 months
A recent data released by the Debt Management Office (DMO) on the details of external debts owed by the 36 states and FCT has shown how the sub-nationals increased and decreased their external debts between June 2023 and December 2024.
Despite the much talked about increase in federal allocation to the states of the federation, a total of 20 states have increased their external debts in the period under review, while 16 states and the FCT have reduced their external debts within the same period.
Edo, Rivers, Ogun, Kaduna and Katsina states top the list of states with increased external debts while Zamfara, Plateau, Nasarawa, Niger and Kwara states recorded the least increment. Other states with increased external debts include; Cross River, Ebonyi, Ekiti, Borno, Kano, Bauchi, Sokoto, Kebbi, Abia, and Taraba.
Meanwhile, Lagos ($94M), Enugu ($33.6) and Osun State ($14.6M) leads as 16 states and the FCT reduced their external debt figure between June 2023 and December 2024. Other states are Oyo, Akwa Ibom, Ondo, FCT, Benue, Gombe, Bayelsa, Adamawa, Jigawa, Delta, while Yobe, Kogi and Anambra states recorded the least increment figure.
Group Urges INEC, Security Agencies to Ensure Safe PVC Collection Ahead of Osun Governorship Election
Osun Imams Seek Asiwaju Badmus’ Support To Strengthen Islamic Forum
Osun SWAN Condoles Ooni Over Elder Brother’s Death
Osun 2026: Adeleke Campaign Council Raises Concerns Over Election Preparations, Urges INEC To Address Alleged Lapses
GHSM Faults Osun Accord Chairman’s Comments, Warns Adeleke Against Actions That Could Threaten Re-election
Breaking: Osun ALGON Suspends Activities of Transport Unions in Public Motor Parks Over Rising Insecurity
-
News5 days agoFRSC: Senate Approves Bill Proposing ₦100,000 Fine For Traffic Offences
-
Opinion4 days agoKeyamo’s Handling of Airport Parking Controversy: A Lesson in Transparency and Accountability By Adeboye Adebayo
-
News5 days agoOsun 2026: Oyebamiji Promises Inclusive Government, Better Infrastructure As APC Flags Off Campaign
-
News4 days agoGuber Poll: APC Elders’ Reconciliation Drive Boosts Osun Campaign, LCDA Chairmen Express Confidence