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May 6, 2026
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Tag: Nigerian government

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Debt pressure mounts as FG borrows N8.1TRN in Q1

watchmanpost.ngApril 14, 2026April 14, 202605 mins

ShareShareTweetPin0 SharesBy Emmanuel Ntekim The Federal Government’s rising debt burden has come under fresh scrutiny after domestic borrowing climbed to N8.1 trillion in the first quarter of 2026, exceeding the pro-rated quarterly target and raising fears of deeper fiscal stress. The Q1 figure represents a 7.4 per cent increase over the N7.5 trillion borrowed in…

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