Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) - Politics

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Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) (14276 Views)

Top List Of Former Governors Who Left High Domestic Debts For Successors (Photo) / Lagos Tops List Of Highly Indebted States With N797b. Delta, Ogun, Rivers Follow / FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States (2) (3) (4)

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Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Racoon(m): 3:40pm On Mar 23

1. Lagos: N1.05trn( Largest)
2. Delta: N373.41bn
3. Ogun: N278.68bn
4. Rivers: N232.58bn
5. Cross River: N220.20bn
6. Imo: N217.11bn
7. Akwa Ibom: N190.48bn
8. Benue: N187.18bn
9. Plateau: N173.93bn
10. Bauchi: N160.81bn
11. Oyo: N159.94bn
12. Bayelsa: N151.16bn
13. Osun: N144.60bn
14. Niger: N139.80bn
15. Abia: N138.64bn
16. Adamawa: N138.26bn
17. Edo: N123.88bn
18. Kano: N122.36bn
19. Kogi: N121.81bn
20. Ekiti: N110.57bn
21. Zamfara: N110.57bn
22. Kwara: N109.16bn
23. Katsina: N99.31bn
24. Borno: N98.77bn
25. Enugu: N92.21bn
26. FCT: N91.52bn
27. Yobe: N91.42bn
28. Sokoto: N89.22bn
29. Gombe: N88.97bn
30. Kaduna: N85.52bn
31. Taraba: N81.33bn
32. Anambra: N74.20bn
33. Ondo: N71.50bn
34. Nassarawa: N71.15bn
35. Ebonyi: N70.44bn
36. Kebbi: N60.69bn
37. Jigawa: N42.76bn

Total: N5.86trn

<DMO>

#TheCableIndex

6 Likes 2 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by helinues: 3:43pm On Mar 23

Toh

69 Likes 3 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Feintline: 3:45pm On Mar 23

With all the debts in lagos it remains a magnified shit hole because of the endless rotteness of systematic lootings that keep it below its potentials.

The IGR of lagos alone is bigger than that of some nations in africa.

If Lagos is governed by someone smart outside the tinubu dynasty. You will likely begin to see the real potentials of lagos.

91 Likes 10 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Racoon(m): 3:45pm On Mar 23

Delta State has no business accumulating such a humongous debt burden. Same with Benue State. Lagos is already notorious for always leading the pack despite its huge IGR.

55 Likes 6 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Shadomaan7: 3:45pm On Mar 23

By 2024 end of year when they release the figure, Abia would have surpassed Lagos in domestic debt.

73 Likes 2 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by helinues: 3:48pm On Mar 23

Feintline:
With all the debts in lagos it remains a magnified shit hole because of the endless rotteness of systemstic looting of funds

Lagos state debt is still far better than most of the states debt because they generate roughly N800bn IGR annually. Not to talk about what they invested the debts on which worth billions of dollars.

Don't just come online to be dropping half baked information about Lagos state

110 Likes 8 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by SoNature(m): 3:53pm On Mar 23

Imo State is 6th, yet Hope Uzodinma of good-for-nothing APC has nothing to show for it. He has spent 5 years in power, always going to other states to commission projects. I am sure those banks gave him loans because the managers got their own share.

In Igbo land, we say that a man can cook for the general public and they will eat and enjoy themselves. But the day the public decides to cook for him, he will be in trouble because he won't be able to finish it! I won't write more than this.

28 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by softtorce: 4:03pm On Mar 23

Lagos was not under Tinubu before 1999, why was it not eldorado then n when will anambra catch up to Lagos.

Feintline:
With all the debts in lagos it remains a magnified shit hole because of the endless rotteness of systematic lootings that keep it below its potentials.

The IGR of lagos alone is bigger than that of some nations in africa.

If Lagos is governed by someone smart outside the tinubu dynasty. You will likely begin to see the real potentials of lagos.

11 Likes 3 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Feintline: 4:04pm On Mar 23

softtorce:
Lagos was not under Tinubu before 1999, why was it not eldorado then n when will anambra catch up to Lagos.

Did they tell you the debt is outside 1999?

12 Likes 1 Share

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by PHIPEX(m): 4:05pm On Mar 23

Obi did not borrow, Soludo has not borrowed, so Obiano alone accumulated this kind of debt for Anambra and still spent Obi's savings?

22 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by LagosFirstSon: 4:06pm On Mar 23

I knew Lagos will top the list

Onigbese

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Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by LOVEALAIGBO: 4:07pm On Mar 23

Racoon:
Delta State has no business accumulating such a humongous debt burden. Same with Benue State. Lagos is already notorious for always leading the pack despite its huge IGR.

You have to wonder about certain states (forget Lagos….that one is a special case) like Imo and Delta….especially Delta! You look around and you’re left wondering what all those borrowed billions were sunk into!

101 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by LOVEALAIGBO: 4:09pm On Mar 23

SoNature:
Imo State is 6th, yet Hope Uzodinma of good-for-nothing APC has nothing to show for it. He has spent 5 years in power, always going to other states to commission projects. I am sure those banks gave him loans because the managers got their own share.

In Igbo land, we say that a man can cook for the general public and they will eat and enjoy themselves. But the day the public decides to cook for him, he will be in trouble because he won't be able to finish it! I won't write more than this.

Hehehehehe grin

70 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by blacknp(m): 4:11pm On Mar 23

Feintline:
With all the debts in lagos it remains a magnified shit hole because of the endless rotteness of systematic lootings that keep it below its potentials.

The IGR of lagos alone is bigger than that of some nations in africa.

If Lagos is governed by someone smart outside the tinubu dynasty. You will likely begin to see the real potentials of lagos.

What an irony, the South South States, the highest recipients from The FAAC all made the top 10?

Yet very very little social or infrastructure development to show for high Federal Government allocation & high domestic debt.

21 Likes 3 Shares

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by chopnaira: 4:12pm On Mar 23

Racoon:

It would be nice to see States vs IGR (Internally generated revenue) to tell the true situation of things.

3 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by chopnaira: 4:22pm On Mar 23

helinues:

Lagos state debt is still far better than most of the states debt because they generate roughly N800bn IGR annually. Not to talk about what they invested the debts on which worth billions of dollars.

Don't just come online to be dropping half baked information about Lagos state

Lagos State Government has targeted an IGR of N1.25 trillion in 2024.

5 Likes 1 Share

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by SpatialKing(m): 4:33pm On Mar 23

APC government loves anything that has to do with borrowing and collecting loan...

7 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by YourRealFather: 4:45pm On Mar 23

Bayelsa state
State with the lowest population, and only 8 local government,

With their huge Federal Allocation (FAAC)
Them still dey owe this kind heavy debt,
and nothing to show
Where All the money come dey enter?

Toeyota aka legedus,aka general Ditari, na like this una wan take run una ijaw republic

29 Likes 1 Share

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by OVB123: 5:30pm On Mar 23

blacknp:
What an irony, the South South States, the highest recipients from The FAAC all made the top 10?

Yet very very little social or infrastructure development to show for high Federal Government allocation & high domestic debt.

MOU governor try ooo. He is not in top 10.

1 Like

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by NPFLADMIN(m): 5:34pm On Mar 23

The loans aren't the issue. What exactly are we using them to do?
South south states are something else.
Anambra no more loanless. But still low sha.

Anyways, abeg pls just dash me 17k. Abeg. E fit transform person life. 9053920228 Opay.

1 Like

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Lindlady: 6:14pm On Mar 23

helinues:

Lagos state debt is still far better than most of the states debt because they generate roughly N800bn IGR annually. Not to talk about what they invested the debts on which worth billions of dollars.

Don't just come online to be dropping half baked information about Lagos state

Alright. I've seen your CV. Let me check if you are qualified ok.

3 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Hndrrxxx(m): 7:06pm On Mar 23

Ggg

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by ArewaNightmare: 7:07pm On Mar 23

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by iwaeda: 7:08pm On Mar 23

Racoon:

#TheCableIndex

Despite all the over taxing of people, called IGR. They are still heavily in debt. grin

6 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by GanagiBitrus: 7:08pm On Mar 23

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Peterpaul96: 7:09pm On Mar 23

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Kingray10: 7:10pm On Mar 23

Delta took second, OKOWA should be proud. grin

2 Likes

Re: Lagos, Delta, Ogun lead in domestic debts as at Dec 2023 (See Full List) by Oluyole74: 7:10pm On Mar 23

SoNature:
Imo State is 6th, yet Hope Uzodinma of good-for-nothing APC has nothing to show for it. He has spent 5 years in power, always going to other states to commission projects. I am sure those banks gave him loans because the managers got their own share.

In Igbo land, we say that a man can cook for the general public and they will eat and enjoy themselves. But the day the public decides to cook for him, he will be in trouble because he won't be able to finish it! I won't write more than this.

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