States Drowning in Debt: 10 Borrow N417bn Despite Revenue Boost
Despite receiving increased allocations from the federal government, 10 Nigerian states have plunged deeper into debt, borrowing a staggering N417 billion in a bid to stay afloat. Investigations by The PUNCH reveal a disturbing trend: seven states—Bayelsa, Adamawa, Benue, Niger, Kogi, Taraba, and Bauchi—spent on average 190% of their InternallyContinue Reading




