Lagos has retained its position as the state with the highest foreign debt in the country, with a foreign debt put at $1.45 billion as at June 30. This is The post Lagos reduces debt by $20m but retains highest foreign debt portfolio appeared first on TheCable.
external debt
FG, states grow external debt by 114% under Buhari
Everest Amaefule, Abuja The Federal Government and the 36 states of the federation as well as the Federal Capital Territory grew the country’s external loan commitments from $10.32bn in June 2015 to $22.07bn in March 2018, investigation has shown. This reflects an increase of $11.76bn or 113.94 per cent growth in the country’s external debt […] …