Atiku Abubakar Public Debt Concerns

Nigeria's public debt reached ₦166.79 trillion by June 2026, increasing by ₦7.44 trillion in three months. The Debt Management Office reported that domestic debt accounted for 54.91% of the total, while external debt made up 45.09%.

Nigeria's public debt stock surged by 90.9% from N87.38 trillion to N166.79 trillion since President Bola Tinubu took office in May 2023, according to the Debt Management Office. The federal government holds the majority of this debt, raising concerns over sustainability.

Atiku Abubakar, the presidential candidate of the African Democratic Congress, has called on President Bola Tinubu to explain the increase in Nigeria's public debt to ₦166.79 trillion despite rising government revenues, questioning the lack of visible economic benefits for Nigeri

Atiku Abubakar demands a reconciliation of Nigeria's public debt, which has reached N166.79tn, and an apology from President Bola Tinubu's administration for economic hardships following subsidy removals and reforms.