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Top 10 Nigerian states by domestic debt stock as of March 2021
States and the FCT accounted for ₦4.12 trillion — 19.98% of Nigeria's Total Domestic Debt and 12.45% of the Total Public Debt, with Lagos having the most outstanding debt of ₦507.4 billion — 12.3% of the Total Debt Stock by states and the FCT.
Nigeria: Federation Account Allocation and Internally Generated Revenue by North-Central States in 2020
Apart from Lagos, the FCT's share of the Federation Account Allocation was also significantly lower than its contribution to the Federation Accounts.
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