Total debt stocks owed by the Federal Government of Nigeria as of Q1 2020 is now N28.63 trillion according to the National Bureau of Statistics(NBS).

A reports released on Friday July 10, 2020 showed that N9.99 trillion(equals about 34.89%) of the debt was external.

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Lagos State recorded highest out of the debts IGR at N398.7 billion. The state also received N117.8 billion in FAAC disbursements and has a total debt stock of N444.2 billion, thereby making up 10.8% of the total debt stock of the states.

Part of the report by the NBS said:
“Nigerian States and Federal Debt Stock data as at 31st March 2020 reflected that the country’s total public debt portfolio stood at N28.63trn. Further dis-aggregation of Nigeria’s total public debt showed that N9.99trn or 34.89% of the debt was external while N18.64trn or 65.11% of the debt was domestic.

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“Similarly, States and FCT domestic debt was put at N4.11trillion with Lagos state accounting for 10.8% of the total domestic debt stock while Yobe State has the least debt stock in this category with a contribution of 0.7%.”

SOURCE: AfricaCelebrities.Com

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In a shocking twist, a newly wed couple in Kisumu committed suicide just four days after exchanging vows. According to the note they left behind, they were drowning in debt after funding their lavish wedding.

The deceased going by Mr. and Mrs. Odipo revealed that their wedding cost an entire Sh. 7.9 million. They blamed their wedding guests and the stress of the wedding debt for their decision to end their lives.

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In their farewell message, the couple shared their frustrations of the guests showing up empty handed with no gifts to defray their costs. The two did not even manage to go on their honeymoon.

“We are embarrassed and ashamed that we could not start our new life in happiness because you people did not make us happy as we expected,” read part of the note.

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Sources say that the wedding was held in a 5 star hotel where the bride and groom arrived using choppers. Their guests were mainly VIP’s and naturally, the couple expected expensive gifts in abundance.

Their big day did not go as planned and so the two planned their demise and executed it. Let this tragedy be a lesson to all to lower financial expectation in this Kenyan economy.

The post A Happily Never After: Newly Weds Commit Suicide Four Days After Getting Married appeared first on AfricaCelebrities.Com.

Nollywood actress Tonto Dikeh has shared an eye-opener on the perfect life she’s living, claiming that all is not rosy as it seems. She stated that she too is part of the fake life squad.

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In a post on IG, the actress stated that someone asked her whether she was living a fake life, to which she replied that indeed she was. Tonto revealed that she is owing her personal shopper N4.5million for two bags she ordered.

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Instead of paying, she said she rather bought three iPhones instead and posted them publicly. She said this was part of the fake life shenanigans.

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Source: africacelebrities.com

The post I’m Living a Fake Life, I Can’t Even Pay Some Of My Debts – Tonto Dikeh Reveals appeared first on AfricaCelebrities.Com.