FG, State’s Indebtedness by December 2014

Debt Management Office States and Federal Governments’ External Debt Stock as at 31st December, 2014 (in US Dollars)

S/No States Multilateral Bilateral (AFD) Bilateral (CHINA EXIM BANK) Total ($) ($) & Eurobond ($) ($)

1 Abia 33,791,420.92 – – 33,791,420.92 

2 Adamawa 40,275,205.57 6,500,000.00 – 46,775,205.57 

3 Akwa Ibom 58,886,640.86 – – 58,886,640.86 

4 Anambra 45,154,626.04 – – 45,154,626.04

5 Bauchi 87,572,428.68 – – 87,572,428.68 

6 Bayelsa 34,832,195.13 – – 34,832,195.13 

7 Benue 33,074,189.47 – – 33,074,189.47 

8 Borno 23,067,549.16 – – 23,067,549.16 

9 Cross River 131,469,661.94 10,000,000.00 – 141,469,661.94

10 Delta 24,233,639.67 – – 24,233,639.67 

11 Ebonyi 45,410,518.38 – – 45,410,518.38 

12 Edo 123,128,295.53 – – 123,128,295.53 

13 Ekiti 46,452,932.15 – – 46,452,93 2.15 

14 Enugu 62,428,599.36 6,500,000.00 – 68,928,599.36 

15 Gombe 39,545,598.76 – – 39,545,598.76 

16 Imo 52,949,585.74 – – 52,949,585.74 

17 Jigawa 35,717,805.70 – – 35,717,805.70 

18 Kaduna 234,416,052.15 – – 234,416,052.15 

19 Kano 59,796,931.03 – – 59,796,931.03 

20 Katsina 78,925,362.41 – – 78,925,362.41 

21 Kebbi 43,786,053.64 – – 43,786,053.64 

22 Kogi 35,787,836.35 – – 35,787,836.35 

23 Kwara 52,722,198.82 – – 52,722,198.82 

24 Lagos 1,087,209,248.65 82,503,600.00 – 1,169,712,848.65

25 Nassarawa 49,942,696.58 – – 49,942,696.58 

26 Niger 38,250,438.25 6,500,000.00 – 44,750,438.25 

27 Ogun 109,154,553.08 – – 109,154,553.08 

28 Ondo 52,688,524.40 – – 52,688,524.40 

29 Osun 67,103,294.39 6,950,000.00 – 74,053,294.39 

30 Oyo 72,350,590.32 – – 72,350,590.32 

31 Plateau 30,947,579.75 – – 30,947,579.75 

32 Rivers 44,725,095.71 – – 44,725,095.71 

33 Sokoto 44,864,819.46 – – 44,864,819.46 

34 Taraba 22,780,063.89 – – 22,780,063.89 

35 Yobe 31,237,619.25 – – 31,237,619.25 

36 Zamfara 35,547,562.30 – – 35,547,562.30 

37 FCT 36,636,548.58 – – 36,636,548.58

Sub-Total 3,146,863,962.07 118,953,600.00 – 3,265,817,562.07 38 

FGN Multilateral Bilateral (AFD) Bilateral (CHINA EXIM BANK) Total ($) ($) & Eurobond ($) ($)

FGN 3,652,500,496.49 – 2,793,131,051.44 6,445,631,547.93

Total 6,799,364,458.56 118,953,

ABOVE PHOTO: Lagos State’s Ambode and Fashola, Lagos is the biggest state debtor