{"id":40403,"date":"2021-04-04T16:24:56","date_gmt":"2021-04-04T16:24:56","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=40403"},"modified":"2021-04-04T16:14:12","modified_gmt":"2021-04-04T16:14:12","slug":"domestic-debt-ogun-borrows-over-n58billion-in-18-months","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months","title":{"rendered":"Domestic debt: Ogun borrows over N58billion in 18 months"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>A report published by the Debt Management Office has revealed that the Ogun State Government borrowed N58billion as domestic debt in 18 months.<\/p>\n

The latest report, which was released on March 15, indicated that Ogun State domestic debt stock was N153,490,666,025.15 as of December 30, 2020.<\/p>\n

However, the DMO had earlier reported that Ogun was owing a total domestic debt of N95,174,172,678.30 as of June 30, 2019, a month after the incumbent Governor Dapo Abiodun government came on board.<\/p>\n

The DMO report simply signifies that from June 30, 2019 to December 30, 2020, the Ogun State Government under Gov Abiodun has acquired a total of N58,316,493,347 debt locally.<\/p>\n

Findings by DAILY POST confirmed that money borrowed domestically by the State stood at N97billion in March 31, 2019, two months before former Governor Ibikunle Amosun left office.<\/p>\n

The DMO was established to centrally coordinate the management of Nigeria\u2019s debt.<\/p>\n

The office said the domestic debt data report was generated from the signed-off submissions received from each state.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. A report published by the Debt Management Office has revealed that the Ogun State Government borrowed N58billion as domestic debt in 18 months. The latest report, which was released on March 15, indicated that Ogun State domestic debt stock was N153,490,666,025.15 as of December 30, 2020. However, the DMO had earlier reported […]<\/p>\n","protected":false},"author":84,"featured_media":40402,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,30,28,26],"tags":[1570,2140,3720,254,386],"class_list":["post-40403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-domestic-debt","tag-nigeria","tag-ogun"],"yoast_head":"\nDomestic debt: Ogun borrows over N58billion in 18 months - Nigeria<\/title>\n<meta name=\"description\" content=\"A report published by the Debt Management Office has revealed that the Ogun State Government borrowed N58billion as dome ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Domestic debt: Ogun borrows over N58billion in 18 months\" \/>\n<meta property=\"og:description\" content=\"A report published by the Debt Management Office has revealed that the Ogun State Government borrowed N58billion as dome ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-04T16:24:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/04\/img-6069e5b006e13.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1260\" \/>\n\t<meta property=\"og:image:height\" content=\"678\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Domestic debt: Ogun borrows over N58billion in 18 months\",\"datePublished\":\"2021-04-04T16:24:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months\"},\"wordCount\":169,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/04\/img-6069e5b006e13.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Domestic debt\",\"Nigeria\",\"Ogun\"],\"articleSection\":[\"all news\",\"Community\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/domestic-debt-ogun-borrows-over-n58billion-in-18-months\",\"name\":\"Domestic debt: Ogun borrows over N58billion in 18 months - 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