Bayelsa State alone Owes Commercial Banks N140.17 Billion

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Bayelsa State Owes Commercial Banks A Whopping N140.17bn, Denies Taking Fresh N40bn Loan
Amidst the public outcry on the N40 billion loan restructuring in the state, the Bayelsa State government is heavily indebted to commercial banks to the tune of N140.17 billion, a development that costs the state treasury over N2 billion monthly in debt service.

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