The Debt Management Office (DMO) has called on Nigeria’s state governments to adhere strictly to the Fiscal Responsibility Act when borrowing.

Director-General Patience Oniha made the appeal during a workshop in Abuja for state officials on responsible borrowing. She emphasized the importance of understanding debt recording, sustainability analysis, and medium-term debt management strategies.

Oniha explained that the training focused on the guidelines and legal requirements for borrowing, not on the individual debt stock of states. The initiative aims to strengthen sub-national governments’ capacity to manage debt responsibly and sustainably.