USA Africa Dialogue Series - DMO information on Ekiti Debts

My People:

I am always amused when people argue over public documents, which are available to everybody.  

An example is the ongoing debate about how much debt my Ekiti State has inherited since the new administration of Governor Ayo Fayose took over in October 2014  from former Governor Kayode Fayemi.  Eg

 https://www.premiumtimesng.com/regional/ssouth-west/252830-fayose-provides-details-ekitis-debt-profile.html

But cearly, from the Debt Management Office DMO website, many URLs of which I provide below:

(1) External Debt Increase for Ekiti State between 30th June 2014 and 30th June 2017:     $19,182,240.79

(2)  Domestic Debt Increase for Ekiti State between 31st December 2014 and December 31, 2016:    N54,589,043,940.10

Now if an increase C (= A - B) is disputed, it must mean that either A or B or both are disputed.  In this case, Fayemi can dispute DMO's B figure, while Fayose can dispute DMO's A figure. All three of them can lock themselves in a room, and come out with a resolution that leaves us common citizens fully informed on who is deceiving who. 

And there you have it! 

Bolaji Aluko 

Shaking his head

AUTHENTIC INFORMATION ON EKITI EXTERNAL and DOMESTIC DEBTS between 2014 and 2017

External Debt as at 30th June 2017   Ekiti Debt:  $67,257,880.64

https://www.dmo.gov.ng/debt-profile/sub-national-debts/2171-states-and-federal-governments-external-debt-stock-as-at-30th-june-2017/file

External Debt as at 30th June 2014   Ekiti Debt:  $48,075,639.85

https://www.dmo.gov.ng/debt-profile/sub-national-debts/1065-federal-and-state-governments-external-debt-stock-as-at-30th-june-2014/file

External Debt Increase for Ekiti State between 30th June 2014 and 30th June 2017:     $19,182,240.79

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Domestic Debt as at December 31, 2016   Ekiti Debt:  N85,049,678,107.89

https://www.dmo.gov.ng/debt-profile/sub-national-debts/2033-domestic-debt-of-the-36-states-and-fct-as-at-december-31-2016/file

Domestic Debt as at December 31, 2014   Ekiti Debt:  N30,460,634,167.79

https://www.dmo.gov.ng/debt-profile/sub-national-debts/1059-domestic-debt-of-the-36-states-and-fct-as-at-december-31-2014/file

Domestic Debt Increase for Ekiti State between 31st December 2014 and December 31, 2016:    N54,589,043,940.10

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