Domestic debt servicing in the first six months of 2026 already amounted to 61.4 per cent of the N8.61 trillion spent in the whole of 2025, putting the government on course to face a potentially heavier debt burden if the pace of payments persists, Daily Trust analysis has shown.
Nigeria spent N8.61 trillion servicing its domestic debt in 2025, while the Federal Government incurred another N5.28 trillion in domestic debt-service expenditure in the first six months of 2026, highlighting the continuing pressure of borrowing costs on public finances.
Data from the Debt Management Office (DMO) showed that the government’s domestic debt-service expenditure in 2025 comprised N8.24 trillion in interest payments and N370.93 billion in…