FG Borrows N100 Billion from Unclaimed Funds Trust Fund

The Federal Government of Nigeria has raised N100 billion from the Unclaimed Funds Trust Fund (UFTF) as part of its strategy to manage domestic debt, which has now reached N80.49 trillion. According to the latest data from the Debt Management Office (DMO), the UFTF is a formal mechanism for integrating unclaimed private funds into government borrowing frameworks.

As of December 31, 2025, the total domestic debt stock includes N63.63 trillion in Federal Government bonds, which represents 79.06% of the total debt. Other instruments include N13.85 trillion in treasury bills and N1.54 trillion in promissory notes.

The UFTF was established to create a legal pathway for the government to utilize unclaimed dividends and dormant bank balances, which are pooled into this fund after a specified inactive period. The DMO collaborates with the CBN and SEC to ensure transparency and allow beneficiaries to reclaim their funds within a specified timeline.