combining its domestic debt stood at $1.174 billion. Us - borrowing states. Rivers State, and external obligations, reinforc - ing the Central Bank of Nigeria’s the next highest in domestic debt, ing its position as Nigeria’s most official exchange rate of about posted ₦378.8 billion, while indebted subnational government. ₦1,435 per dollar, this trans - Delta recorded ₦248.8 billion. Latest figures from the Debt lates to roughly ₦1.68 trillion. On the external side, Lagos also Management Office (DMO) show When combined, Lagos’ total leads significantly, with Kaduna that Lagos recorded domesti…
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imately ₦2.9 trillion after In addition, the state’s external between Lagos and other major L
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