Nigeria's Public Debt Reaches ₦159.28 Trillion in 2025

As of December 31, 2025, Nigeria's total public debt has surged to ₦159.28 trillion, according to the latest data released by the Debt Management Office (DMO) on Tuesday. This figure represents an increase from ₦153.29 trillion recorded at the end of September 2025, indicating a quarter-on-quarter rise of ₦5.98 trillion or 3.9%.

Year-on-year, the public debt has increased by ₦14.61 trillion, a 10.1% rise from ₦144.67 trillion in December 2024. The domestic debt, which constitutes the largest share of the total debt profile, rose from ₦81.82 trillion in September 2025 to ₦84.85 trillion in December 2025, marking a quarterly increase of ₦3.03 trillion (3.7%).

The external debt stood at ₦74.43 trillion, representing 46.73% of the total public debt, with a notable increase from ₦71.48 trillion in September 2025. The federal government accounts for ₦80.49 trillion of the domestic debt, which is 50.53% of the total public debt.