Abia Debt Falls to ₦48.4 Billion as Otti Administration Repays About 74% of Inherited Debt
The Abia State Government has reduced its inherited debt from about ₦191 billion to ₦48.4 billion, according to figures released by the state’s Debt Management Office. The reduction means the administration of Governor Alex Otti has repaid more than ₦142 billion, or roughly 74.3% of the debt inherited when it took office in May 2023….