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Abia Emerges Nigeria’s Leading State in Domestic Debt Reduction – DMO

6th July 2025, NewsOrient, News, Business And Economy, Governance And Development
By Onyekwere Orji, Lagos
According to the Debt Management Office (DMO), Abia State has emerged as Nigeria’s leading state in domestic debt reduction, thanks to bold fiscal reforms under the leadership of Governor Alex Chioma Otti.
According to the latest data released by the Debt Management Office (DMO), Abia achieved a historic 57.20% reduction in its domestic debt portfolio between March 31, 2024, and March 31, 2025 — the highest percentage drop recorded by any state within the period under review.
This performance positions Abia as a model of fiscal prudence in a landscape where many sub-national governments continue to grapple with rising debt burdens.
Following Abia on the list of top-performing states are Jigawa (-48.82%), Kogi (-47.12%), Katsina (-38.89%), and Delta (-38.87%), respectively.
~ Published By NewsOrient Network
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