Lagos State debt goes to her projects. Once they're done, she'll be able to reduce her debt profile.

Why do you think the United States is in a very huge debt?

Make I book space before land go finish for this thread like it almost is in Lagos.
































.

Abfinest007:
so apc states are not still left out

Even, the short saint from Kaduna dey for second.

After all said and done, Imo is the least indebted Southeast State. Shame on Okorocha and Imo haters.

i can understand Lagos but why EDO!!! OSHOMO- OLE!!! what did he borrow money for?

I heard Oshomole has launched a private airline in cape-verde that his wife's native country, so adams plunged edo into debt for foreing pvssy!!

Imo is not doing badly but abia is neck deep in debt, i am happy with okorocha on this one

Clown, you thought you are smart. The OP only showed external debt, below is the combination of the external and internal debts. IMO STATE still leads with debt.

[s]

Abogwara:
After all said and done, Imo is the least indebted Southeast State. Shame on Okorocha and Imo haters.

[/s]

Pubichairs:
wetin concern us.
Ft








































































..na their problem and business

Why are you wasteful like this

I can't find the beans to fry. Someone might have stolen the remnants

Lagos is first in everything[center][/center]

FakoMaybach1:
i can understand Lagos but why EDO!!! OSHOMO- OLE!!! what did he borrow money for?

I heard Oshomole has launched a private airline in cape-verde that his wife's native country, so adams plunged edo into debt for foreing pvssy!!

Imo is not doing badly but abia is neck deep in debt, i am happy with okorocha on this one

Don't be deceived, the OP is a blogger, he just compiled only the external debt stock without including the internal debt as well. Imo state is still leading with over 200billion debt burden in the SE.

PearlStreet:
The largest economies are run on debt.

so ebonyi is one of the largest economy in Nigeria abi?

Let us not forget that these states took FG bailout of which Imo state is equally indebted with additional 26billion.

Seun Mynd44 Lalasticlala, modify this thread. The OP is a blogger that just compiled only the external debt stock without including the INTERNAL DEBTS of the states. To arrive at the most indebted states, you must consider both the internal and external debts. See below:

Mogidi:
Edo became indebted as soon as Oshiomhole married that international woman of easy virtue known as Iara Oshiomhole.
Meanwhile, Oshiomhole is still trying to get her pregnant, something many business men around the world have unsuccessfully tried and failed.

...see mouth

What is Delta state doing with money that it is owing more than Rivers State. Okowa and Kingsley are mad.

USAbabe:
d

Aro mental!

Lol! According to that chart am owing N2,050 make them come collect, I no want bege for my head.

Mogidi:
Edo became indebted as soon as Oshiomhole married that international woman of easy virtue known as Iara Oshiomhole.
Meanwhile, Oshiomhole is still trying to get her pregnant, something many business men around the world have unsuccessfully tried and failed.

So Oshiomhole made a very bad investment!

Riversides2003:
Not surprised, it all stated with Tinubu, then to Fashola and now Ambode, you see them doing wuruwuru projects with just face value without disclosing how much is been spent. By the time Tinubu and his cronies finish with Lagos state, then we will realized all that glitters are not gold.

If you say this about Lagos, what are u going to say about America with the highest dept in the world?

Always try to view things with a clear conscience,for that's the only way we can be reasonable.

Doerstech:
Would have being surprise if Lagos didn't top the chat.....

In business your debt determines your true worth and influence

Which business are you talking about?
Roadside "akara" business?

Businesses leverage on loans to grow their businesses vertically and horizontally, however, mature businesses reinvest the overflow of revenue into their businesses thereby eliminating the need for debt.

The information in the OP is misleading. Computing the local and external debts gets you at very different figures from the graph the OP has shown.

LasGidiOwner:



Don't be deceived, the OP is a blogger, he just compiled only the external debt stock without including the internal debt as well. Imo state is still leading with over 200billion debt burden in the SE.

LasGidiOwner:
Let us not forget that these states took FG bailout of which Imo state is equally indebted with additional 26billion.

You need serious help for this your Imo state obsession.

Oh, I see the OP only used external debt in his graph. Considering most states owe more in domestic debt than external debt, that hardly seems an accurate way of representing the most indebted states.

Doerstech:
Would have being surprise if Lagos didn't top the chat.....

In business your debt determines your true worth and influence

Where did you get this from? Which school of thought taught you this?

I bet Apple, Microsoft, Amazon when combined together, are worth trillions probably own gazillions in debt abi? Continue deceiving yourself.

nairavsdollars:
Ambode should be investigated...Seems all the profit Lagos is making is being diverted to Bourdillon

is lagos state government a profitable venture.

Nasir123:


If you say this about Lagos, what are u going to say about America with the highest dept in the world?

Always try to view things with a clear conscience,for that's the only way we can be reasonable.

Yet China, their major lender maintain a low debt profile and boast of better economic infrastructures than the current U.S., you think debt is everything. Don't be deceived, debt is good if reasons for borrowing will result o positive results, but too much debt saddled on any business or govt will eventually have negative consequences.

desreek9:
Haha Kwara my state lol

Saraki people

hmm! debt per head is even more than minimum wage. It is well!

manny4life:


Where did you get this from? Which school of thought taught you this?

I bet Apple, Microsoft, Amazon when combined together, are worth trillions probably own gazillions in debt abi? Continue deceiving yourself.

Ok Sir

Absuchat:

Which business are you talking about?
Roadside "akara" business?

Businesses leverage on loans to grow their businesses vertically and horizontally, however, mature businesses reinvest the overflow of revenue into their businesses thereby eliminating the need for debt.

Thanks sir, tutoring well received

manny4life:


Yet China, their major lender maintain a low debt profile and boast of better economic infrastructures than the current U.S., you think debt is everything. Don't be deceived, debt is good if reasons for borrowing will result o positive results, but too much debt saddled on any business or govt will eventually have negative consequences.

China's debt profile is anything but low.

They are running into serious debts too, building ghost towns and all, but their debt condition still better pass U.S. own sha