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December 28, 2006 | posted by Nigerian Muse (Archives)

TABLE 1

External and Internal Debt of Nigeria

(will be updated periodically as more information becomes available)

S/N		Entity or Item	Debt	Countries	Debt	Comment
			($ billion)		($ billion)
	External Debt
		Total	32.916			As of End of 2003 (64.43% of GDP � GDP = $51.09 billion) End of 2001: $28.347 billion
		Owed to:
		Paris Club	27.469			End of 2001: $22.092
		[official debt]		United Kingdom	6.104
				Japan	4.146
				France	3.710
				Germany	3.544
				Italy	3.025
				Finland	0.00268
				United States
				Swiss Federation
				Austria
				Israel
				Netherlands
				Spain
				Belgium
				Denmark
				Russian Federation

		London Club	1.441
		[private debt]

		Multilateral Institutions	3.042
		[official debt]

		CBN Promissory Notes Holders	0.91139

		Non-Paris [Bilateral (official debt) & Private Sector (private debt)]	0.05163

		External Debt Service Obligation	(5.250)			For 2003


		Actual Debt Service	(1.809)	Principal Payment	(1.261)	All of 2003
				Interest Payment	(0.52266)
				Commit. Charges	(0.01271)
				Penalty Charges	(0.00627)
				Other Charges	(0,00598)

			N (billion)		N (billion)
	Internal Debt
		Total	1,300
		Owed To :
		CBN			60%
		Financial Inst,			34%
		Non-bank investors			6%

Nigeria's External Debt Unsustainable � DMO

Vanguard (Lagos) October 21, 2004

External Debt Now $33 billion, says DMO

This Day (Lagos) May 20, 2004

TABLE 2

External & Internal Debt Break-Down

(by Federal and by State)

(will be updated periodically as more information becomes available)

Entity	$ (Million)	States	$ (Million)	Comment	Federal Montly Deductionto Service All Debt(External + Internal)
EXTERNAL					N (million)
Total	32916
Comprised of:
FEDERAL
Total	25,258			76.7% of total


STATES
Total	7,658			23.3% of total
		Abia	647.37		464.6
		Plateau	569.77
		Niger	500.39
		Imo	427.97		481.0
		Lagos	415.09		652.4
		Osun	398.61
		Kogi	363.99		392.6
		Kwara	352.03		233.6
		Enugu	311.12		257.6
		Edo	306.73		332.4
		Benue	270.47		258.7
		Adamawa	269.54		293.0
		Ogun	243.33
		Sokoto	197.39
		Rivers	191.76
		Ekiti	177.17		226.5
		Ebonyi	172.72
		Taraba	156.11
		Bayelsa	154.35
		Akwa Ibom	144.62
		Borno	139.21		284.3
		Oyo	138.72
		Delta	133.57
		Ondo	122.72
		Anambra	122.48		393.0
		Gombe	103.73
		Kano	93.56
		Nassarawa	90.97
		Bauchi	86.96
		Cross-River	72.08		314.3
		Jigawa	70.53
		Kaduna	60.53
		Katsina	59.49
		Yobe	40.58
		Kebbi	29.77
		Zamfara	23.05


INTERNAL

FEDERAL

STATE