Governor Babatunde Fashola SAN of Lagos StateThe most populous state in Nigeria Lagos state is the most indebted state of the federation with a total foreign debt of N55.38 billion ($369.20 million), according to the Debt Management Office in Abuja, Nigeria. Lagos has 20% of Nigeria’s sub-regional foreign debt stock.
Click here for the complete table of Federal and State Governments External Debt stock as at 30th June, 2010.
Can the governor of Lagos state explain this?
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