Nigeria's Domestic Debt Reaches N4.59 Trillion in 2026

As of June 30, 2026, Nigeria's 36 states and the Federal Capital Territory (FCT) collectively owed a domestic debt of N4.59 trillion, according to the Debt Management Office (DMO). This amount represents 2.75% of Nigeria's total public debt of N166.79 trillion.

The total domestic debt in Nigeria was reported at N91.59 trillion, with states and the FCT accounting for N4.59 trillion. Lagos State had the highest domestic debt among subnational governments at N1.20 trillion, followed by Delta State with N369.30 billion and Rivers with N354.64 billion.

The FCT ranked fourth with N358.79 billion. Other notable states included Edo (N214.93 billion), Ogun (N189.05 billion), and Bauchi (N157.35 billion).

Conversely, Jigawa recorded the lowest domestic debt at N1.04 billion, followed by Ondo (N6.16 billion) and Anambra (N9.62 billion). The data underscores significant disparities in domestic debt levels across Nigeria's states.