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DMO Releases List Of Indebted States And How Much They Owe - Politics - Nairaland

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Nigerian States And Their Security Threat Level By PR24 (Photo) / South-West Tops List Of Domestic Debtors, South-East Least Indebted / Lagos Leads Highly Indebted States With More Than N1 Trillion Debts (2) (3) (4)

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DMO Releases List Of Indebted States And How Much They Owe by Tabithatim: 12:45pm On Jul 19, 2019
THE TRUTH…

ENUGU STATE IS ONE OF THE LEAST DEBT PROFILED STATES IN NIGERIA

From the statistics recently released by the Debt Management Office (DMO) in respect of Domestic Debt Data for the 36 states of the Federation and the Federal Capital Territory as at December 31, 2018, Enugu State’s domestic debt stock, which was basically inherited from past administrations, is among the least in the chart.

See attached document from the Debt Management Office (DMO).

Keep it up, the people’s Governor…

3 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by bjdon: 12:53pm On Jul 19, 2019
See how much debt Lagos has!

17 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by Noblechykk(m): 1:05pm On Jul 19, 2019
All these dept with nothing to show for it. We are in trouble

22 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by Kkings11: 1:18pm On Jul 19, 2019
Anambra state doing their best ony behind Kastina and yobe

19 Likes 2 Shares

Re: DMO Releases List Of Indebted States And How Much They Owe by Obere4u: 1:29pm On Jul 19, 2019
Kkings11:
Anambra state doing their best ony behind Kastina
And Yobe

7 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by mknigeriagreat: 1:31pm On Jul 19, 2019
wahala. Please what development is going on in Delta state that they have accumulated over 200 billion naira. The way these politicians are looting the future of this country ehhhh if we don't do something about them now our 5th generation will blame us o....

Look at all the oil rich states JESUS. Osun own, I give up. Lagos, with all the abandoned projects of Ambode over 500billion? My question is always how do they intend paying back all these debts?

You like this machine? Click on my signature and check my profile.

28 Likes 4 Shares

Re: DMO Releases List Of Indebted States And How Much They Owe by Ahmed0336(m): 1:31pm On Jul 19, 2019
OP why stressing Enugu when Kastina,Yobe and Anambra are states with least debt there?

49 Likes 5 Shares

Re: DMO Releases List Of Indebted States And How Much They Owe by Fountainofyouth(f): 1:32pm On Jul 19, 2019
Lagos is the highest lol

4 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by LibertyRep: 1:33pm On Jul 19, 2019
Lagos is indeed the center of excellence. This is just the domestic debt o.

The problem isn't just about the debt but about the fact that most of these debts are incurred to service the humongous recurrent expenditure occasioned by the greediness and flamboyant lifestyles of our present and past Chief Executives.

What do we have to show from these debts? Some emergency Billionaires, Decaying infrastructures, white elephant projects, abandoned and inflated projects.

There must be a day of reckoning

33 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by kereman1(m): 1:33pm On Jul 19, 2019
how does this reduce the price of garri in alabarago market?

2 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by DEXTROVERT: 1:33pm On Jul 19, 2019
Not
About
How
Big
The
Debt
Is

It's
About
What
It
Was
Used
For
And
How
Beneficial
Has
It
Been
To
The
People


As of June 2019, federal debt held by the public was $16.17 trillion and intragovernmental holdings were $5.86 trillion, for a total national debt of $22.03 trillion. ... In 2017, the US debt-to-GDP ratio was ranked 43rd highest out of 207 countries...Wikipedia

7 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by chloride6: 1:33pm On Jul 19, 2019
Its domestic debt mind you


Doesnt speak to foreign loans
Re: DMO Releases List Of Indebted States And How Much They Owe by handie(m): 1:34pm On Jul 19, 2019
Edo has one of the highest debt profiles and yet, we have nothing to show for it. From Lucky Igbins to Oshiobobo and no w Obaseki, Edo has had it rough with their governors. Before ya'll might attack me and shout Obaseki is working and all such bullcrap, biko take a trip down to Edo and you'll see the difference between what the media are saying and the reality on ground. Apart from prompt payment of salaries, Obaseki has done nada in the state. I hear people talking about employment... Biko, I'll like to see the statistics of people he has employed into the civil service since the inception of his administration and the industries his policies has attracted. Na infrastructure? In his first four years, Oshiomole did way more in terms of infrastructural development... Tom Line, Ekenwan Road and other major roads in Benin city are in dire need of repairs. If only Edo can have a visionary governor who can tap into the agricultural potentials of Edo north and part of Edo south, the limestone and other solid minerals that abound in Ososo and Okpella not to mention the tourist potential that abound in Ososo and Benin kingdom and the undoubted human potential that abounds the length and breath of my dear state, we would be the only competition to Lagos.... And ya'll better stop hyping Obaseki. That ugly nincompoop is a failure.... Same as Oshiomole in his 2nd term

8 Likes 2 Shares

Re: DMO Releases List Of Indebted States And How Much They Owe by BlueRayDick: 1:34pm On Jul 19, 2019
Just look at Lagos!

Lagos owes as much as 530 billion naira (which they probably would claim was used for infrastructural development), yet ikorodu road is now full of potholes(between onipanu to jibowu), lagos-badagry road is an eyesore (don't even travel on that road with a low bottom car) ,all the roads within agege local government are bad, Ikeja under bridge close to the general hospital still with enough potholes....etc

12 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by Csami(m): 1:35pm On Jul 19, 2019
Can someone explain how this debt thing works?
Re: DMO Releases List Of Indebted States And How Much They Owe by OrjiAlex(m): 1:35pm On Jul 19, 2019
Were r we heading too naija self
Re: DMO Releases List Of Indebted States And How Much They Owe by Aystarz: 1:36pm On Jul 19, 2019
Fountainofyouth:

Lagos is the highest lol

All in the name of sticking with "The Masterplan". Thieving Governors and their Baba isale everywhere

7 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by Nobody: 1:36pm On Jul 19, 2019
Pay attention to Yoruba states debt. Deceiving you with useless fake stats they are doing well, raking up loans and using Niger Delta oil money to service those loans. Ekiti IGR is bigger than that of all SE...deceiving you! The same Ekiti where I served, there is no more than 4 3-star hotel, barely any industry, then where the fucck is the IGR coming from? The day this country will separate, people will be shock to see these people worst than alamajiris as one nairalander said.

30 Likes 6 Shares

Re: DMO Releases List Of Indebted States And How Much They Owe by sapientia(m): 1:37pm On Jul 19, 2019
Imagine akwa ibom, bayelsa and delta.

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Re: DMO Releases List Of Indebted States And How Much They Owe by yesloaded: 1:38pm On Jul 19, 2019
I'm highly disappointed with Lagos, Osun & Oyo state debt

There's nothing to show for these crazy debt

I knew almost every nooks & cranny of these states

8 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by DIKEnaWAR: 1:38pm On Jul 19, 2019
Lagos
Rivers
Delta

Na only una waka come?

Sad thing is that all these monies are in private pockets. They have been used or are being used to fund girlfriends, armoured SUVs, stupid and meaningless foreign trips, wild parties and cognac.

5 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by DameB(f): 1:40pm On Jul 19, 2019
With this level of indebtedness, politicians and civil servants will still keep looting from the igbese sef.....
Í think death penalty for public funds embezzlers is what will straighten out our politicians

3 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by agbangam: 1:41pm On Jul 19, 2019
Choi!!! See Delta State Debt and u all need to see the level of underdevelopment in that State angry
Ibori, Uduaghan and Okowa don finish that State sad sad

9 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by dirtydiva(m): 1:41pm On Jul 19, 2019
Wetin all ds states did with dz monies dey borrow from bank eeh? See oil producing states still borrow pass Anambra, Kastina and poor Tobe eeh... Nigeriaaaaaaa, person fit run mad here if care is not taking

3 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by MoneyMan5: 1:42pm On Jul 19, 2019
BlueRayDick:
Just look at Lagos!

Lagos owes as much as 530billion naira which they probably would claim was used for infrastructural development, yet ikorodu road is now full of potholes, lagos-badagry road is an eyesore,all the roads within agege local government are bad, Ikeja under bridge close to the general hospital still with enough potholes


Lagos is the most populated state in Nigeria

MInd you

1 Like

Re: DMO Releases List Of Indebted States And How Much They Owe by pleasureosondu: 1:42pm On Jul 19, 2019
Tabithatim:
THE TRUTH…

ENUGU STATE IS ONE OF THE LEAST DEBT PROFILED STATES IN NIGERIA

From the statistics recently released by the Debt Management Office (DMO) in respect of Domestic Debt Data for the 36 states of the Federation and the Federal Capital Territory as at December 31, 2018, Enugu State’s domestic debt stock, which was basically inherited from past administrations, is among the least in the chart.

See attached document from the Debt Management Office (DMO).

Keep it up, the people’s Governor…
@op, if enugu state has the least debt, then we can say that states like yobe, anambra or kastina owe leaster debts. Must you be high on the leastest oshogbo weed?

8 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by Ewedegubbler: 1:43pm On Jul 19, 2019
Obiano the drunken master busy piling up more debt like its going out of fashion. learning well from the dullard herder. Obi handed you a state with no debt and you have accumulated more than 30b....

9 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by BlueRayDick: 1:45pm On Jul 19, 2019
MoneyMan5:



Lagos is the most populated state in Nigeria

MInd you

where is the correlation here? So what does being the most populous state has to do with this?

Is the money being used for social security ? Lagos has been constructing lagos-badagry expressway for 10 years , spending billions on it, yet there is no end in sight. The light rail they add to it sef, morocco has since completed theirs since, we just turned it to white elephant project.

9 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by DameB(f): 1:45pm On Jul 19, 2019
Some civil servants that keep collecting salary, month in month out, do absolutely nothing at work.... as in nothing.... Many states are borrowing just to pay salaries (including for ghost workers, redundant workers and those that have sworn not to retire) and loot without them building ways to generate revenue.....
This is horrible....
At the end of this tenure, we might be seeing debts in trillions... I just pray naira doesn't get devalued again

4 Likes 1 Share

Re: DMO Releases List Of Indebted States And How Much They Owe by Built2last: 1:47pm On Jul 19, 2019
Ahmed0336:
OP why stressing Enugu when Kastina,Yobe and Anambra are states with least debt there?

The OP is on the pay roll of the governor. He is working to chop

8 Likes

Re: DMO Releases List Of Indebted States And How Much They Owe by cocaineaddict(m): 1:48pm On Jul 19, 2019
D

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