Nigeria’s public debt hits N149.39trn in Q1 2025

From Adanna Nnamani, Abuja

Nigeria’s total public debt has surged to N149.39 trillion as of March 31, 2025, representing an increase of N27.72 trillion or 22.8 per cent when compared to the N121.67 trillion recorded in the same period of 2024.

The latest figures released by the Debt Management Office (DMO) also showed a quarter-on-quarter rise of N4.72 trillion or 3.3 per cent from the…