{"id":11597,"date":"2016-09-22T22:19:56","date_gmt":"2016-09-22T22:19:56","guid":{"rendered":"http:\/\/newsroom247.com.ng\/?p=11597"},"modified":"2016-09-22T22:19:56","modified_gmt":"2016-09-22T22:19:56","slug":"lagos-kaduna-and-edo-are-the-most-indebted-states","status":"publish","type":"post","link":"http:\/\/newsroom247.com.ng\/?p=11597","title":{"rendered":"Lagos, Kaduna and Edo are the most indebted states"},"content":{"rendered":"<p><code><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- www.deltanewsroom.com --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-2163942495525027\" data-ad-slot=\"1411897411\" data-ad-format=\"auto\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/code><\/p>\n<p>Lagos, Kaduna and Edo State are among other states listed most indebted states of the federation with a combined profile of $1.84bn.\u00a0 According to statistics from the Debt Management Office in Abuja on Wednesday, the 36 states of the federation and the Federal Capital Territory owe $3.65bn in foreign debts as against the $7.61bn owed by the Federal Government as of June 30, 2016; bringing the country\u2019s total foreign debt to $11.26bn.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.alternativeadvert.com\/show.php?z=30&amp;pl=10733&amp;ad_type=59&amp;rl=180\" width=\"300\" height=\"250\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Lagos, which is the nation\u2019s commercial hub, retained its topmost position as the most indebted state of the federation with a total of $1.43bn in foreign debts. Thus, the state holds 39.17 per cent of the country\u2019s total subnational foreign debts. Kaduna State, with total foreign debt of $225.28m, comes in the second position. It holds 6.16 per cent of the subnational foreign debts. Edo State, with a total of $179.52m as of June 30, holds 4.91 per cent of the country\u2019s subnational foreign debts.<\/p>\n<p>Other owing states in the subnational foreign debts include Cross River, $141.47m or 3.87 per cent; and Ogun, $103.55m or 2.83 per cent. Bauchi owes $97.23m or 2.66 per cent; Osun, $78.93m or 2.16 per cent; Adamawa, $77.14m or 2.11 per cent; Enugu, $74.46m or 2.04 per cent; Katsina, $68.99m or 1.89 per cent; and Oyo, $67.56m or 1.85 per cent.<\/p>\n<p>Some of the least indebted states of the federation are Borno, $21.89m; Taraba, $23.01m; Plateau, $29.24m; Yobe, $29.28m; Jigawa, $32.62m; Kogi, $33.56m; Benue, $34.26; FCT, $34.8m; Zamfara, $35.07m; and Delta, $42.21m. The external indebtedness of the subnational governments as of December 31, 2010 stood at $2bn. However, by December 2015, it had risen to $3.37tn.<\/p>\n<p><a href=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/09\/Nigeria-map.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-11598\" src=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/09\/Nigeria-map-300x224.png\" alt=\"nigeria-map\" width=\"300\" height=\"224\" srcset=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/09\/Nigeria-map-300x224.png 300w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/09\/Nigeria-map.png 654w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><a href=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/08\/Alayo-2-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-11240\" src=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/08\/Alayo-2-1-300x250.jpg\" alt=\"Alayo 2\" width=\"300\" height=\"250\" srcset=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/08\/Alayo-2-1-300x250.jpg 300w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/08\/Alayo-2-1.jpg 559w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- www.deltanewsroom.com --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-2163942495525027\" data-ad-slot=\"1411897411\" data-ad-format=\"auto\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p><code><iframe loading=\"lazy\" src=\"https:\/\/www.alternativeadvert.com\/show.php?z=30&amp;pl=10733&amp;ad_type=59&amp;rl=180\" width=\"300\" height=\"250\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/code><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lagos, Kaduna and Edo State are among other states listed most indebted states of the federation with a combined profile of $1.84bn.\u00a0 According to statistics from the Debt Management Office in Abuja on Wednesday, the 36 states of the federation and the Federal Capital Territory owe $3.65bn in foreign debts as against the $7.61bn owed [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":11598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"ngg_post_thumbnail":0,"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[4],"tags":[1494,80,2252],"class_list":["post-11597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-edo","tag-kaduna","tag-lagos"],"jetpack_featured_media_url":"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/09\/Nigeria-map.png","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4oswh-313","_links":{"self":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/11597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11597"}],"version-history":[{"count":1,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/11597\/revisions"}],"predecessor-version":[{"id":11599,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/11597\/revisions\/11599"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/media\/11598"}],"wp:attachment":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11597"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}