The Punch
Debt interest payments exceed Nigerian government revenue by 124.2% in H1 2026
The Federal Government spent N7.7tn on debt interest during the first half of 2026, which surpassed its total revenue of N6.2tn for that period.
A World Bank report shows that Nigeria's debt interest payments reached N7.7trn in the first half of 2026. This expenditure represented 124.2 percent of the government's N6.2trn revenue during the same timeframe.
Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.