Total domestic debts for the 36 federal states and the Federal Capital Territory stood at N4.1tn as of the end of March 2020, the Office of Debt Management has reported.
Lagos led with a debt profile of N444.22bn, followed by Rivers which had a debt of N266.93bn, according to the DMO.
Abia, Adamawa, Akwa Ibom and Anambra had debts of N69.63bn, N101.58bn, N240.03bn, N33.91bn and N100.4bn, N154.95bn, N116.19bn and N83.38bn respectively.
Cross River, Delta, Ebonyi and Edo had N165.91bn, N230.75bn, N42.41bn, N84.76bn and 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, and N69.26bn, N128.91bn, N62.89bn and N60.99 respectively.
According to the DMO, there were N59.83bn, N143.53bn, N65.29bn and N137.3bn in Niger, Ogun , Ondo and Osun, while N100.59bn, N130.73bn, N47.74bn and N81.26bn in Oyo, Plateau, Sokoto and Taraba.
The DMO reported that Yobe ‘s profile of domestic debt was N29.29bn, while Zamfara and the FCT had N70.84bn and N106.8bn respectively.