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Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind - Politics - Nairaland

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Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by ujoinme: 10:06am On May 26, 2015
These are current available data of debts from the Debt management office Nigeria, all the debts are made public by that office for you nigerians and you can download them for your yourselves at their website http://www.dmo.gov.ng/arsubn.php

NOTE
1).Table 1 is the total amount of external debts owed by states as at december 31st 2014 and the amount is in dollars not Naira! this represents what the respective states borrowed from Abroad.

2).Table 2 is the total amount of domestic debt owed by states as at december 31st 2013 and the amount owed is in Naira! This represent what the respective states borrowed from Nigerian Banks.

3) Table 3 is the total amount of domestic debt owed by states as at december 31st 2012. The reason i included this is because Bayelsa State domestic debt for 2013 is not available so its good that Nigerians know what bayelsa was owing as at 2012 to use as a benchmark for their current debt.

For your information , the total debt owed by each state = Table 1 + Table 2 (Note table 1 figures is in $ since they borrowed those from Abroad)
For Bayelsa State it will be Table 1 + Table 3.

Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by agarawu23(m): 10:06am On May 26, 2015
shocked

what are they doing with their budget? and if you ask them, they will tell you America dey owe debt too.

smh for our Government.
Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by jazzydee: 10:08am On May 26, 2015
Lord have mercy! O - boy see debts! this governors dey kill Nigeria moderators front page please
Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by notobs: 10:11am On May 26, 2015
Chei this people have finished State treasury. move this to Front page
Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by kelvyn7: 10:15am On May 26, 2015
na true ooo grin

dont be too quick to bid them good bye
Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by psucc(m): 10:16am On May 26, 2015
Na Akwa Ibom own dey surprise me.

How can a state with the highest earnings still borrow.

And to worsen matters, if the salary, pension, promotion and other arrears are added, one will know that these thieving governors had done more harm than good.
Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by Super1Star: 10:19am On May 26, 2015
At least some states are owing and they have something to show for it.

Some are owing and there is nothing to show.
Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by notobs: 10:24am On May 26, 2015
Lagos state debt
External debt table 1 = $1,087,209,248.65 = N214,912,000,000 @ N1 = $197.673

Table 1 + Table 2
N214,912,000,000 + N278,867,066,559.64 = N493,779,066,559.65

this is about 500 billion naira debt.
Re: Before You Bid Your Governor Goodbye Look At The Debts They Are Leaving Behind by jazzydee: 10:29am On May 26, 2015
psucc:
Na Akwa Ibom own dey surprise me.

How can a state with the highest earnings still borrow.

And to worsen matters, if the salary, pension, promotion and other arrears are added, one will know that these thieving governors had done more harm than good.

To be fair Akwa Ibom has a very low external debt which makes the total debt less when both external and internal debt are considered.

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