Lagos Debt Peaks At N797.30b In Q2

<h4>Lagos Debt Peaks At N797&period;30b In Q2<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that Lagos records highest figure as Nigeria&&num;8217&semi;s public debt stock skyrockets to N42&period;84 trillion in Q2 of 2022<br &sol;>&NewLine;Lagos state recorded the highest as Nigeria&&num;8217&semi;s public debt stock increased from N35&period;46 trillion in the second quarter of 2021 to N42&period;84 trillion in the corresponding period in 2022&period;<br &sol;>&NewLine;The National Bureau of Statistics &lpar;NBS&rpar;&comma; made this disclosure on Wednesday during its Domestic and Foreign Debt Report for Q2 2021 to Q2 2022&period;<br &sol;>&NewLine;The NBS disclosed that external debt stood at N13&period;71 trillion in the second quarter of 2021 and jumped to N16&period;61 trillion in the second quarter of 2022&period;<br &sol;>&NewLine;Also&comma; the domestic debt stood at N21&period;75 trillion in<a href&equals;"https&colon;&sol;&sol;www&period;google&period;com&sol;"> Q2 2021 but catapulted to N26&period;23 trillion in Q2 2022&period;<&sol;a><br &sol;>&NewLine;The state-by-state analysis put Lagos State&&num;8217&semi;s highest domestic debt at N797&period;30 billion in Q2 2021&comma; Delta with the figure of N378&period;87 billion came second&comma; followed by Ogun at N241&period;78 billion&period;<br &sol;>&NewLine;On the other hand&comma; Jigawa got N45&period;13 billion&comma; representing the lowest&comma; followed by Ebonyi and Kebbi at N59&period;11 billion and N60&period;41 billion&comma; respectively&period;<br &sol;>&NewLine;It added that Lagos State also recorded the highest external debt stock of &dollar;1&period;27 billion in the second quarter of 2022&comma; followed by Kaduna State at &dollar;586&period;77 million and Edo at &dollar;268&period;31 million&period;<br &sol;>&NewLine;However&comma; the report added that &&num;8220&semi;the lowest external debt stock was recorded in Borno at &dollar;18&period;69 million&comma; followed by Taraba and Yobe at &dollar;22&period;28 million and &dollar;23&period;09 million&comma; respectively&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;