Nigeria's Total Public Debt Since 2010 - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigeria's Total Public Debt Since 2010 (6814 Views)
| Nigeria's Total Public Debt Since 2010 by DrMB(op): 6:40pm On Jun 25, 2025 |
From ₦5.24 trillion in 2010 to ₦144.67 trillion in 2024, Nigeria’s total public debt has multiplied nearly 28-fold. 🇳🇬NIGERIA'S TOTAL PUBLIC DEBT SINCE 2010 4 Likes 1 Share
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| Re: Nigeria's Total Public Debt Since 2010 by Onewazobia(m): 6:48pm On Jun 25, 2025 |
Our politicians are very wicked, with all these look at the state of the country Thank you for helping with the speed of light, my Benin people @firstToComment 4 Likes
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| Re: Nigeria's Total Public Debt Since 2010 by lovelyeyez(m): 6:48pm On Jun 25, 2025 |
God abeg,where are we go8ng in this nigeria. It is well with everyone of us 1 Like |
| Re: Nigeria's Total Public Debt Since 2010 by Purpletee(f): 6:49pm On Jun 25, 2025 |
Interesting... Make presido comot talk say make them share the debts equally for all Nigerians to pay off🤔 This 40 character something eh🤦 Nawa o |
| Re: Nigeria's Total Public Debt Since 2010 by UzorIyke(m): 6:49pm On Jun 25, 2025 |
.Please take a moment to write a quality post with at least 40 characters. This will make the forum more interesting for everyone. 1 Like |
| Re: Nigeria's Total Public Debt Since 2010 by CodeTemplarr: 6:49pm On Jun 25, 2025 |
You havecome again. I doubt the figures. How did uncle Bola repay so much? 1 Like |
| Re: Nigeria's Total Public Debt Since 2010 by Tjra: 6:50pm On Jun 25, 2025 |
Source is Statisense? 😂 Spits and exits the thread. 3 Likes 2 Shares |
| Re: Nigeria's Total Public Debt Since 2010 by helinues: 6:52pm On Jun 25, 2025 |
 It's positive. Waiting for what the naysayers have to say |
| Re: Nigeria's Total Public Debt Since 2010 by mrvitalis(m): 6:56pm On Jun 25, 2025 |
Not the 50 billion dollars drop was not paid it was just local debts that lost value in naira As you can see the naira value kept going up Before APC guys come n spill lies again 3 Likes |
| Re: Nigeria's Total Public Debt Since 2010 by nairalanda1(m): 7:00pm On Jun 25, 2025 |
Oil dependency Dutch diseases We borrow when the prices are down and pay back when the prices are up Dutch disease |
| Re: Nigeria's Total Public Debt Since 2010 by nairalanda1(m): 7:02pm On Jun 25, 2025 |
2023: Nigerians , vote a government that will diversify our economy Nigerians: we want apc, go away 2019: Nigerians, vote a party that would lead us to industrial growth and development Nigerians: we want apc, go away 2015:. Nigerians! Pdp has not done well, let's vote a party that will make Lee Kwam Yeu it's blueprint and bible Nigerians: apc has promised us free money, go away. We can go on this thread till independence 1 Like |
| Re: Nigeria's Total Public Debt Since 2010 by DMCA: 7:03pm On Jun 25, 2025 |
Tjra: Why are you wicked like this? na wetin dem do u? 2 Likes |
| Re: Nigeria's Total Public Debt Since 2010 by Adasun(m): 7:04pm On Jun 25, 2025 |
Where, I fit get data for manufacturing sector performance, electricity cost, petrol and diesel cost from 1996 to 2024 abeg... Someone should help me |
| Re: Nigeria's Total Public Debt Since 2010 by Lawalemi(m): 7:05pm On Jun 25, 2025 |
APC is the messiah. Now we know! 40 characters needed. |
| Re: Nigeria's Total Public Debt Since 2010 by LegendHero(m): 7:05pm On Jun 25, 2025 |
mrvitalis:Oh now dollar to naira conversion matters? I thought you said it does not matter when Nigeria GDP fell due to the FX policy? 1 Like |
| Re: Nigeria's Total Public Debt Since 2010 by Image123(m): 7:07pm On Jun 25, 2025 |
Most are external, meaning in dollars. Clearly, our debts have reduced under Jagaban Dike Simba Omo Ologo 1. Over $50 billion debt reduction in two years deserves a second term IMHO. |
| Re: Nigeria's Total Public Debt Since 2010 by nairalanda1(m): 7:07pm On Jun 25, 2025 |
2012: Nigerians! The good times cannot last. Remember 1973-82! Nigerians: go away, you this bad man 2013: Nigerians, read Field Ruwe! He has shown us the way Nigerians: stop disturbing us 2015: Nigerians! Tell buhari that he needs to diversify the economy! Nigerians: we want free 💰. Go away |
| Re: Nigeria's Total Public Debt Since 2010 by huptin(m): 7:10pm On Jun 25, 2025 |
Buhari's destiny was to really destroy Nigeria and he almost did, if not for God. |
| Re: Nigeria's Total Public Debt Since 2010 by JuanDeDios: 7:10pm On Jun 25, 2025 |
mrvitalis:Are you sure? I mean, isn't a high proportion of the debt denominated in dollars anyway? |
| Re: Nigeria's Total Public Debt Since 2010 by mrvitalis(m): 7:16pm On Jun 25, 2025 |
JuanDeDios:Foreign debt hasn't dropped Domestic debt hasn't dropped either |
| Re: Nigeria's Total Public Debt Since 2010 by njokuuche77(m): 7:19pm On Jun 25, 2025 |
Omo real Wow. From ₦5.2 trillion in 2010 to over ₦144 trillion in 2024 that’s not just a debt trend, that’s a full-blown economic red flag. What's even more shocking is how the USD equivalent started rising, then plunged in 2024 a clear sign that it's not just borrowing going wild, but the naira collapsing under pressure. We’re not just borrowing money anymore, we’re borrowing from the future at the cost of development, job creation, and stability. If all this debt had translated into infrastructure, healthcare, education, or real economic growth, Nigerians might not be complaining. But what exactly did we borrow to achieve? 4 Likes |
| Re: Nigeria's Total Public Debt Since 2010 by Tsadu01(m): 7:28pm On Jun 25, 2025 |
Only God can safe us now. For the current situation |
| Re: Nigeria's Total Public Debt Since 2010 by Letmecum: 7:31pm On Jun 25, 2025 |
Since 2015 it has been hell. Well thank God buhari was given a chance by now many would be thinking buhari was a Messiah and if tinubu didn't win by now many would have been thinking tinubu would have use is international connect to make love better for Nigeria. We really learn the hard way  |
| Re: Nigeria's Total Public Debt Since 2010 by Skye123: 7:42pm On Jun 25, 2025 |
Tbh, owing $97b is not a lot for a country of 200m people. The 'saner climes' with less population owes more than that. That money is not even up to a fraction of California's yearly budget, that's a state of less than 50m people. |
| Re: Nigeria's Total Public Debt Since 2010 by 004gist: 7:47pm On Jun 25, 2025 |
The change we voted for. The change we saw n confirmed. Osho baba has lost his voice on excess crude oil account. |
| Re: Nigeria's Total Public Debt Since 2010 by Habib101: 7:50pm On Jun 25, 2025 |
Onewazobia:Association of village people, hahhaaaa 😀 you get, as the thing goes, elaborate more for the potential interests, hahaa |
| Re: Nigeria's Total Public Debt Since 2010 by Habib101: 7:52pm On Jun 25, 2025 |
So what do we owe as of 2025 now, and potentially how much will they borrow for 2026. |
| Re: Nigeria's Total Public Debt Since 2010 by 1bunne4lif(m): 7:53pm On Jun 25, 2025 |
helinues:it's positive? Now I know you lack common sense, 144 trillion in Naira is positive you say |
| Re: Nigeria's Total Public Debt Since 2010 by hustler2828: 7:54pm On Jun 25, 2025 |
PDP was borrowing to pay salaries, pay subsidies on both petroleum and electricity, and even backed the naira through borrowing though not sustainable. The APC came and removed the various subsidies, and floated the Naira. Now they are even borrowing more than the same PDP they condemned and nothing to show for all these never ending borrowing sprees. Still some people will still campaign and vote for this evil called APC. 2 Likes |
| Re: Nigeria's Total Public Debt Since 2010 by BreakingNews21: 7:55pm On Jun 25, 2025 |
Raise your hand/s if you can also produce a fancy looking spreadsheet. Accurate financial record keeping has been an issue since at least 1960. Forget about trying to acquire pristine NNPC figures and records. |
Nigeria’s Total Public Debt Hits ₦144.67 Trillion In December 2024 • Nigeria's Total Public Debt Stands At $151.3 Billion In June 2022 - Nairametrics • Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO • 2 • 3 • 4
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