NewsNigeriaPoliticsBudgIT Says Nigerians Now Owe ₦724,000 Each As Debt Burden Rises
Nigerians now carry an estimated public debt burden of about ₦724,000 per person, according to data released by civic-tech organisation BudgIT, highlighting a sharp rise in the country’s debt profile over the past decade. The figure marks a significant increase from about ₦67,000 in 2015, reflecting the rapid growth of Nigeria’s total public debt and its widening impact on citizens. BudgIT’s analysis shows that between 2022 and 2024, Nigeria’s total debt stock rose from approximately...








