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Nigeria spent N5.28 trillion servicing its home debt within the first part of 2026, with passion and apartment bills accounting for N4.95 trillion.
Knowledge launched via the Debt Control Place of business (DMO) on Thursday confirmed that the Federal Executive additionally paid N333.96 billion in main repayments on promissory notes between January and June.
The figures underscore the emerging value of home borrowing as the federal government balances debt responsibilities with investment wishes for infrastructure, social services and products and different building priorities.
Salisu Yusuf is a writer and blogger dedicated to sharing engaging perspectives, timely updates, and thoughtful commentary. With a keen eye for compelling storytelling, Salisu breaks down key topics and trending discussions into clear, accessible reads for everyday audiences. When not drafting new posts or researching upcoming stories, Salisu focuses on building meaningful connections with readers and exploring fresh ideas across digital media.