Everything you need to know about Adamawa’s debt toll, Q3 IGR, MULTILATERAL and BILATERAL (AFD) loans

For seven consecutive years, Adamawa State has seen an uptick in its debt figure. The state’s latest debt figure, according to the Debt Management Office, as of December 2019, is ₦ 95,604,743,892.60. Which increased to N102,412,601,107.74 at Q4

In same December 2019, the state’s Q3 internal generated revenue figure stood at ₦N6, 8billion.

Also, the state total FAAC allocations to Adamawa state in 2019 was ₦ N48.3 billion while its MULTILATERAL and BILATERAL loan was $108,760,507.99