Post by Arise News (@arisenews)

Nigeria’s Domestic Borrowing Trajectory for 2026 Could Hit N24 Trillion, A Red Flag - Adebajo

This year alone, domestic borrowing has reached between ₦8 trillion and ₦10 trillion, representing about 80% of last year’s total of ₦10 trillion. Meanwhile, a ₦35 trillion deficit is putting heavy pressure on government finances, and no clear financing plan has been presented. On a brighter note, NNPC has remitted roughly ₦2 trillion monthly over the past two months following the President’s executive order. Still, concerns remain about the widening gap between revenue and debt sustainability.

Tilewa Adebajo, Economist | CEO, CFG Advisory

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