Katsina external debt stock hits $56m
Katsina State Government currently has a total external debt stock of $56,176,014.33 hanging on its neck, Katsina Post learnt.
This is contained in a document credited to Debt Management Office, DMO titled ‘States, FCT and Federal Governments’ External Debt Stock’.
The data, Katsina Post learnt is at December 2020.
Also, all the debt is under the multilateral category.
According to the document, Katsina State is the 14th state with the highest external debt stock.
Lagos is the State with the highest external debt of over $1.4bn followed by Kaduna with over $567m.