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Nairaland Forum / Nairaland / General / Politics / Foreign Debt: Most Indebted States In 2023. (201 Views)
Most Indebted States In Nigeria 2023 / Lagos Tops List Of Highly Indebted States With N797b. Delta, Ogun, Rivers Follow / DMO Releases List Of Indebted States And How Much They Owe (2) (3) (4)
Foreign Debt: Most Indebted States In 2023. by FatherOfJesus: 11:07am On Mar 30 |
Yes again, Lagos tops the list and according to nairametric, this is the top 10 list.
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Re: Foreign Debt: Most Indebted States In 2023. by immortalcrown(m): 11:08am On Mar 30 |
That's how he built Lagos. The debts keep increasing. It is an indication that the spending of the borrowed money has no economic viability. If the projects built with the loans are prudently executed, the debts will be decreasing instead of increasing. This is why I didn't celebrate Ebonyi in 2019 and 2020 when social media influencers hyped the man. Today, I am proven right as the airport is not functioning. 3 Likes |
Re: Foreign Debt: Most Indebted States In 2023. by EmperorCaesar(m): 11:10am On Mar 30 |
I guess the more industrialized a state is, the more debt they tend to own/have America has a heavier debt profile than Nigeria and we all know which of the two countries is the biggest So for this, Lagos 🔥🔥🔥🔥 |
Re: Foreign Debt: Most Indebted States In 2023. by EmperorCaesar(m): 11:11am On Mar 30 |
immortalcrown: It's 2024 and u still haven't outgrown this your Illogical take on issues How does this this even relate to the stats up there? Is BAT the current Lagos Gov? 1 Like |
Re: Foreign Debt: Most Indebted States In 2023. by FatherOfJesus: 11:12am On Mar 30 |
EmperorCaesar:The larger the economy, the more debt they re likely to have but its not the case in every scenario. As you can see on the list, the economies of Ekiti, Bauchi and Enugu and corssriver are much smaller than that of Delta, Rivers, Oyo and Abia. While that of Lagos is justifiable based on GDP/debt ratio, Enugu, Ekiti, crossriver and Bauchi are doing something wrongly. 2 Likes |
Re: Foreign Debt: Most Indebted States In 2023. by immortalcrown(m): 11:12am On Mar 30 |
EmperorCaesar:If you didn't notice that Lagos is the highest in the ranking, you haven't grown in 2024. 2 Likes 1 Share |
Re: Foreign Debt: Most Indebted States In 2023. by pocom16: 11:27am On Mar 30 |
As far as the debts are sustainable and used judiciously why not.. There is no developed nation that doesn't owe debt. Lagos still leads southwest in major infrastructure projects https://www.youtube.com/watch?v=-pSkMf8H3HI |
Re: Foreign Debt: Most Indebted States In 2023. by SeeWahala: 11:36am On Mar 30 |
EmperorCaesar: Hehehe just like buhari's own, these current tilumbu minions can defend even post wey wide pass 3rd mainland bridge 1 Like |
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