The total domestic debt of the 36 states of the federation as at December 2016 amounted to N2.958 trillion with Lagos state accounting for the highest of N311.7 billion. Lagos is followed by Delta state with a to local debt of N241.231 billion. Akwa Ibom is third with N155.431 billion while Rivers state is fourth in the high debt ranking with a domestic debt profile of N142.424billion. The state with the lowest domestic debt stock is Anambra that has N3.993billion debt overhang.
The debt stock are as follows:
States DEBT STOCK as at 31 December 2016 N
1 ABIA 53,525,312,006.52
2 ADAMAWA 62,157,535,395.46
3 AKWA IBOM ** 155,431,513,524.27
4 ANAMBRA 3,993,892,365.13
5 BAUCHI 69,988,356,863.98
6 BAYELSA 140,177,083,911.42
7 BENUE 63,526,706,066.01
8 BORNO 30,929,430,222.10
9 CROSS-RIVER 128,142,093,128.98
10 DELTA 241,231,439,060.79
11 EBONYI 28,057,144,823.57
12 EDO 45,091,949,113.97
13 EKITI 85,049,678,107.89
14 ENUGU 48,417,542,411.95
15 GOMBE 48,312,227,448.91
16 IMO 93,267,764,679.14
17 JIGAWA * 19,005,549,048.55
18 KADUNA 63,276,471,968.43
19 KANO 93,715,181,155.05
20 KATSINA * 21,449,608,359.00
21 KEBBI 20,650,989,926.98
22 KOGI 71,381,258,449.39
23 KWARA 38,136,723,517.24
24 LAGOS 311,755,801,825.04
25 NASARAWA 59,033,751,798.50
26 NIGER 31,984,093,598.83
27 OGUN *** 75,921,433,395.59
28 ONDO 53,159,719,890.95
29 OSUN 147,069,973,626.49
30 OYO 115,886,553,198.89
31 PLATEAU 110,340,669,344.38
32 RIVERS ** 142,424,091,344.00
33 SOKOTO 22,450,254,651.14
34 TARABA 38,868,702,728.14
35 YOBE 13,581,297,872.19
36 ZAMFARA 58,321,024,470.39
37 FCT 152,804,609,025.30
TOTAL 2,958,517,428,324.56
