Nigeria Borrows N100 Billion from Unclaimed Funds Trust

In 2025, the Federal Government of Nigeria raised N100 billion from the Unclaimed Funds Trust Account (UFTF), according to the latest data from the Debt Management Office (DMO). This borrowing is part of the government's domestic debt profile, which stood at N80.49 trillion.

The UFTF is structured to allow the government to warehouse unclaimed dividends and dormant bank balances, which are transferred to the fund after a specified inactive period. The DMO's report indicates that the UFTF's Federal Government of Nigeria securities amounted to N100 billion as of December 31, 2025.

This borrowing represents a small yet significant portion of the total domestic debt, which is primarily composed of FGN bonds. The framework aims to enhance transparency and allow beneficiaries to reclaim their funds while enabling the government to utilize these private assets for public borrowing.