Under Wike, FCT moves from ninth-lowest to second-highest indebted in Nigeria
The Federal Capital Territory’s domestic debt has risen more than fourfold since Nyesom Wike assumed office as minister of the FCT in August 2023, moving the territory from among Nigeria’s least indebted sub-national governments to the second-highest debtor, According to PREMIUM TIMES analysis of data from the Debt Management Office (DMO) has shown.