This post was originally published on this site.
Nigeria’s debt servicing reached N3.41 trillion in Q3 2025, highlighting fiscal strain despite a lower deficitFederal government expenditure dropped to N8.03 trillion, down 41.57% from the budget estimatesWorld Bank cancels $718 million loan amid changing macroeconomic conditions in Nigeria’s power sector
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Federal Government spent N3.41 trillion servicing its debt obligations in the third quarter of 2025, according to the latest macroeconomic and financial analysis report released by the Budget Office of the Federation.
The figure highlights the growing burden of debt repayments on public finances, even as the government recorded a significantly lower fiscal deficit during the period.
President Bola Tinubu’s government releases debt servicing figures amid World Bank cancellation. Credit: State HouseSource: Facebook
Debt servicing falls below projection
The Budget Office disclosed that total debt service payments stood at N3.41 trillion in Q3 2025, representing
