The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri Idakwo Laruba

The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri Idakwo Laruba

The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri Idakwo Laruba With political campaigning unofficially underway for the 2027 general elections, Economic Confidential observes that Nigeria’s mounting debt burden under the administration of President Bola Ahmed Tinubu has become a central theme in debates over the country’s economic direction. While some of the […] The post The Facts About Nigeria’s Debts Burden Under Tinubu’s…

Tinubu’s ₦38 Trillion Loan Sparks Fear as Nigeria’s Debt May Rise to ₦182 Trillion

In May 2025, President Bola Tinubu sent a letter to the National Assembly requesting approval for a new ₦38 trillion loan to fund national infrastructure and reforms. The presidency claims the money is needed to complete key projects, support economic stability, and pay long-overdue pensions.  However, if approved, Nigeria’s total public debt will shoot beyond ₦182 trillion up from ₦144.7 trillion recorded at the end of 2024. When President Tinu…