When President Bola Ahmed Tinubu took office on May 29, 2023, the first public-debt figure published after his assumption of office was ₦87.38 trillion as of June 30, 2023. By December 31, 2023, total public debt had risen to ₦97.34 trillion, then to ₦144.67 trillion by December 31, 2024, and further to ₦159.28 trillion by December 31, 2025, according to the Debt Management Office’s latest published data. Part of the early jump reflected the formal securitisation of ₦22.7 trillion in Ways and Means advances from the Central Bank, which had exis
When President Bola Ahmed Tinubu took office on May 29, 2023, the first public-debt figure published after his assumption of office was ₦87.38 trillion as of June 30, 2023. By December 31, 2023, total public debt had risen to ₦97.34 trillion, then to ₦144.67 trillion by December 31, 2024, and further to ₦159.28 trillion by December 31, 2025, according to the Debt Management Office’s latest published data. Part of the early jump reflected the formal securitisation of ₦22.7 trillion in Ways and Means advances from the Central Bank, which had exis
