Nigeria's Public Debt Hits N152.4 Trillion, Raises Concerns Over Fiscal Sustainability

Nigeria's total public debt has reached N152.4 trillion as of June 30, 2025, showing a rise from N149.39 trillion recorded at the end of March. The Debt Management Office (DMO) reported a quarterly increase of N3.01 trillion (2.01%).

Nigeria's external debt stood at $97.24 billion, with multilateral lenders being the largest creditors. The country's domestic debt also increased to N80.55 trillion, with federal government bonds dominating the portfolio.

The rise in debt levels raises concerns about Nigeria's fiscal sustainability and debt servicing capabilities.