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Tuesday, 6 April 2021

Lagos, Osun, C/rivers, Ogun owe more debt than revenue generations ~FRC

In a report on “Debt sustainability analysis of state governments” for 2019, the FRC stated that the debts of all the 36 states and the Federal Capital Territory Administration exceeded their revenues by 50 percent, contrary to limits set by the Debt Management Office (DMO). READ MORE

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