Module 02

Debt Center

Nigeria's total public debt has grown more than 50× since the end of Obasanjo's term. Source data reconciled with the Debt Management Office and World Bank IDS.

Total (Q3 2025)
₦142.3T
Domestic
₦78.4T
External (USD)
$42.9B
Debt service / revenue
96%

Public debt at end of each presidential term

In trillion ₦ — end of term (Tinubu shown as 2025).

Source: DMO

Year-by-year (₦T)

By lender

Domestic bondholders (FGN Bonds)
48% · ₦68.3T
World Bank / IDA
12% · ₦17.1T
Eurobonds
11% · ₦15.7T
China EXIM Bank
6% · ₦8.5T
African Development Bank
4% · ₦5.7T
Other multilateral / bilateral
19% · ₦27.0T