Stella Dimoko Korkus.com: debt

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Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts

Tuesday, September 24, 2013

Lagos Tops Debt List Of States In Nigeria.





 Over the years, many state government during the military era borrowed fund from international donors to financed  projects, these funds formed the subject of debate which eventually the debt was cancelled during former president Obasanjo administration who campaign and canvassed earnestly for it. As soon as these was done, a number of state governors using various developmental plans as an excuse, has borrowed again to fund real and fathom projects. A greater chunk  of these funds have been traced to their bank accounts within and outside the shores of this country. Today after pains staking and diligent investigation by Ekwere007live.com crack reporters, we present to you our esteemed reader the indebtedness of your state and what is left for next generation by state governors.
Here is the presentation below on a party by party basis

PDP States.
1] Kano (PDP) owes $61.7million
2] Katsina (PDP) owes $74.6million
3] Akwa Ibom (PDP) owes $61.6 million