Nigeria’s Public Debt Surges to ₦159.3 Trillion in Q4 2025 – DMO

Nigeria’s total public debt rose to ₦159.28 trillion as of December 31, 2025, according to the Debt Management Office. The increase reflects a quarter-on-quarter rise of ₦5.98 trillion (3.9%) from September 2025 and a year-on-year jump of ₦14.61 trillion (10.1%) from December 2024. Domestic debt remained the larger share at ₦84.85 trillion (53.27%), while external obligations stood at ₦74.43 trillion (46.73%). The Federal Government holds the bulk of both domestic (₦80.49 trillion) and external (₦66.27 trillion) debt, with states and the FCT accounting for the balance. Data are provisional and converted at the CBN’s official exchange rate.

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