30 states’ debt outpaces half their annual revenue
AI Summary
A new analysis of Nigerian government data found that at least 30 states had domestic debt exceeding half of their internally generated revenue in 2025. The figures point to significant fiscal pressure across those state governments.
At least 30 Nigerian states had domestic debts exceeding 50% of their internally generated revenue in 2025, a new analysis of DMO and NBS data shows. Read More: https://punchng.com/30-states-debt-outpaces-half-their-annual-revenue/