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Kaduna, Cross River top list of states with highest debt burden — DMO

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Debt Management Office (DMO) has released the breakdown of total external debt burden which some of the new governors in Nigeria inherited from their predecessors.

While Kaduna State top the list with the total debt of $569.38m, Cross River is second with debt burden of $120.67m.

Below is the total breakdown;

1. Kaduna (Nasir El-Rufai —> Uba Sani): $569.38m

Explainer: Uba Sani inherited $569.38 million in External Debt from his predecessor, Nasir El-Rufai.

2. Cross River (Ben Ayade —> Bassey Otu): $153.17m

3. Enugu (Ifeanyi Ugwuanyi —> Peter Mbah): $120.67m

4. Kano (Abdullahi Ganduje —> Abba Yusuf): $101.32m

5. Abia (Okezie Victor Ikpeazu —> Alex Otti): $92.33m

6. Rivers (Nyesom Wike —> Siminalayi Fubara): $83.95m

7. Niger (Abubakar Bello —> Mohammed Bago): $66.79m

8. Delta (Ifeanyi Okowa —> Sheriff Oborevwori): $59.53m

9. Ebonyi (David Nweze Umahi —> Francis Nwifuru): $57.36m

10. Katsina (Aminu Bello Masari —> Dikko Umar Radda): $50.7m

11. Akwa Ibom (Udom Gabriel Emmanuel —> Umo Eno): $43.54m

12. Kebbi (Abubakar Bagudu —> Nasir Idris): $40.89m

13. Sokoto (Aminu Tambuwal —> Ahmad Aliyu): $35.97m

14. Plateau (Simon Lalong —> Celeb Mutfwang): $31.42m

15. Benue (Samuel Ortom —> Hyacinth Alia): $29.3m

16. Zamfara (Bello Matawalle —> Daudal Lawal): $28.4m

17. Jigawa (Mohammed Abubakar —> Umar Namadi): $26.26m

18. Taraba (Darius Ishaku to Agbus Kefas): $21.92m

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