Lagos, Edo, Kaduna, Cross River and Bauchi are the 5 most

The states' foreign debt stock accounts for $2.3 billion, according to the latest figures from the National Bureau of Statistics (NBS).

The total foreign debt for the 36 states and Federal Capital Territory (FCT) stood at $4.2 billion.

As at June 30, 2018, Nigeria’s total domestic and foreign debt stock stood at N15.63 trillion and $22.08 billion respectively.

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In the Q2 figures posted on its website on Wednesday, September 19, 2018, Lagos had the highest domestic and external debt profile.

Nigeria's commercial nerve centre accounted for 14.88% of the total domestic debt and 34.17% of the foreign borrowings.

The foreign borrowings are from multilateral agencies and bilateral agreements (AFD).

Foreign debt stock as at June 30, 2018 (Q2)

1. Lagos - $1.4 billion 2. Edo - $279 million3. Kaduna - $232 million4. Cross River - $193 million5. Bauchi - $134 million

Domestic debt stock as at June 30, 2018 (Q2)

1. Lagos - N517 billion 2. Delta - N222 billion  3. Rivers - N191 billion 4. Akwa Ibom - N179 billion 5. Osun state - N135 billion

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