Nigeria’s public debt stock as of 31st December, 2023 was N97.341 trillion (108.229 billion USD), according to figures released by the Debt Management Office (DMO) on Friday in Abuja.
The DMO said that the amount comprised of domestic and external debt stocks of the Federal Government, the 36 states governments and the Federal Capital Territory (FCT).
Below are the top 10 most indebted states in Nigeria in 2024.
States Amount
- Lagos ₦2.17 Trillion
- Kaduna ₦613.53 Billion
- Ogun ₦430. 52 Billion
- Delta ₦426.76 Billion
- Cross River ₦410.09 Billion
- Edo ₦406.69 Billion
- Bauchi ₦329.57 Billion
- Rivers ₦305.37 Billion
- Imo ₦286.70 Billion
- Benue ₦214.05 Billion