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Taraba gov’t denies N1.2 trn debt
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Daily Trust
The Taraba State Government has debunked reports suggesting that the state’s debt portfolio had risen to N1.2 trillion.
She revealed that the state domestic debt stood at N85.51 billion as of December 31, 2025, and not N1.2 trillion as claimed by reports sponsored by some mischief makers.
“The official DMO figures do not support suggestions that Taraba State’s domestic debt profile rose to N1.2 trillion.
Dr Sarah, however, described the movement in the external debt position as relatively modest and acknowledged the exchange rate risks associated with foreign currency obligations.
She said the Taraba State government would continue to ensure that external financing remained within the limits of fiscal sustainability and its repayment capacity.