Domestic debt owed by Nigerian state governments has reached ₦4.59 trillion, according to a report highlighted by The Guardian.
The figure adds to the wider debt obligations faced by states and the Federal Government.
State governments rely on borrowing for infrastructure and other spending, but higher debt can increase repayment pressures.
The latest figure comes as Nigeria continues to debate how to improve public finances and economic growth.
Debt management remains important because states must balance borrowing with their ability to generate revenue and fund essential services.
