The Nigerian federal government allocated only 26% of its N12 trillion loans to capital projects, spending N3.10 trillion in the first nine months of 2025. This shortfall highlights significant gaps in infrastructure financing and reliance on domestic borrowing.
The Federal Government of Nigeria acquired N11.89 trillion in fresh loans within the first nine months of 2025, spending N3.1 trillion on capital projects. A significant shortfall in capital expenditure was noted, raising concerns about the country's rising debt profile.
The Federal Government of Nigeria borrowed N11.89 trillion in the first nine months of 2025, spending N3.1 trillion on capital projects. Despite the borrowing, capital expenditure remains significantly below budget, leading to a shortfall of N14.48 trillion.
