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Sanwo-Olu’s statements follow a National Bureau of Statistics (NBS) report, which cited Lagos as Nigeria’s highest debtor with ₦929.41 billion in domestic debt. Governor Babajide Sanwo-Olu has addressed concerns over Lagos’s position as Nigeria’s most indebted state, assuring residents that the debt level is well within sustainable limits. Speaking on Channels Television’s Politics Today, Sanwo-Olu highlighted Lagos’s robust financial management, stating, “The standard debt ratio we are meant to meet is about 40%, but today, we are around 28-29%, so we are not even close to the threshold.” San…

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