
22 states spent N251bn on debt servicing in nine months – Report
Twenty-two states have spent a total sum of N251.79bn to service debt borrowed by past administrations within nine months of assuming office, findings by Sunday PUNCH have shown. Our correspondent also gathered that the states obtained fresh loans of N310.99bn between July 2023 and March 2024, despite increased monetary allocations from the Federation account. The information was obtained…