Lagos is heading to trillion debt in domastic debt in while foreign debt is now dancing in trillions in Nigeria,wonder why the state tax is skyrocketing and now red in easy doing business
Nigeria’s most recent state debt profile
Inside Nigeria
9 Oil producing States, Its 13% Derivation, and Their Debt Profile in 2022 (Photo)
The nine oil-producing states in Nigeria shared N970.20 billion from the federation account through the 13 percent derivation formula in 2022. Data from the National Bureau of Statistics (NBS) showed that Abia, Akwa Ibom, Anambra, […]
Inside Nigeria
Nigeria Has Generated Only 5000 Megawatts Since I Was Born — Femi Otedola Laments
To say that it is ‘appalling and disheartening’ that Nigeria’s power sector is yet to witness the needed improvement for greater impact on the people and the economy despite the huge amount of money sunk […]
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