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At the end of second quarter of 2023, the National Bureau of Statistics revealed that Lagos State has a domestic debt of N996.44b, while the external debt is $1.26 billion. This is despite the state’s N651.15 billion Internally Generated Revenue (IGR) and 160.93 billion, which is federal allocation in 2022 and N400 billion IGR as of half year IGR of 2023. ....