Nigeria's Public Debt Reaches ₦166.79 Trillion in 2026
As of June 2026, Nigeria's total public debt has risen to ₦166.79 trillion, marking an increase of ₦7.44 trillion from ₦159.35 trillion at the end of March 2026, according to the Debt Management Office (DMO). This represents a 4.7% growth in the country's debt portfolio over three months.
Year-on-year, the debt has surged by ₦14.39 trillion, or approximately 9.4%, from ₦152.40 trillion recorded at the end of June 2025. The DMO's latest data, published on September 25, includes obligations from the federal government, the 36 states, and the Federal Capital Territory.
Domestic debt constitutes the largest portion of the debt portfolio, standing at ₦91.59 trillion, which is 54.91% of the total debt. This domestic debt has increased by ₦11.04 trillion, or about 13.7%, compared to June 2025.
Meanwhile, external debt amounts to ₦75.20 trillion, representing 45.09% of the total.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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