According to the Debt Management Office (DMO), Nigeria’s total public debt—covering the federal government, 36 states, and the FCT- stood...
Few words stir public anxiety in Nigeria quite like “debt.” Each new bulletin from the Debt Management Office (DMO) sets off a familiar ripple: headlines blare the latest figures, social media buzzes with outrage, and citizens are reminded of how much each Nigerian supposedly “owes.” Yet thi
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Nigeria Spends Most Revenue On Debt Servicing, Cash Bottlenecks Stall Projects, Budget Office Warns
The reduction in Nigeria’s debt deserves cautious interpretation, contends FELIX OLADEJI
Nigeria’s public debt breached the government’s sustainability threshold in 2024 after the federal government borrowed 61 percent…
Government should do well to heed the warning
• Decries Nigeria’s debt service-to-revenue ratio
Nigeria’s rising debt figures mask a deeper reality driven largely by naira devaluation, FX volatility, and long-hidden…
