South-East Cuts Debt by 12% as South-West Borrowing Jumps 22.5%

Recent figures compare state debt levels across Nigeria’s six regions between December 2024 and December 2025. The South-East led reductions with a 12.1% drop, falling from ₦358.3bn to ₦314.8bn. The South-South saw a modest 0.8% decrease. In contrast, the South-West’s debt climbed 22.5% to ₦1.66trn. The North-Central and North-West also recorded notable increases of 13.8% and 12.4% respectively, while the North-East rose by 7.2%.

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