Nigeria’s Dollar-Denominated Debt Falls Under President Tinubu

Dear @StatiSense, Your post is misleading. Quoting public debt only in naira hides the real change. The naira’s value under President Tinubu is weaker than under his predecessor, so naira figures alone paint a false picture. Here are the key facts from the Debt Management Office: • May 29, 2015 (handover to General Buhari): $63.8 billion (about ₦12.1 trillion) • May 29, 2023 (handover to President Tinubu): $108.2 billion ($113 billion if we include undeclared loans) • Today: $103.9 billion You can see that in dollar terms Nigeria’s debt has actually decreased. Please share these dollar figures instead of focusing on naira values alone. That context is crucial for an accurate view of our nation’s finances. Reno Omokri Ambassador Designate to Mexico. Gospeller and bestselling author. #TableShaker

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