₦159 Trillion Debt: Is Nigeria Borrowing to Build or Just Survive? | Breakfast Diary

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₦159 Trillion Debt: Is Nigeria Borrowing to Build or Just Survive? | Breakfast Diary

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Nigeria’s public debt has climbed to ₦159.28 trillion, with a fresh $6 billion loan approved and over ₦15 trillion earmarked for debt servicing in the 2026 budget.

But beyond the big numbers, what does this really mean for the economy and everyday Nigerians?

In this episode of Breakfast Diary, we examine the purpose, sustainability, and real impact of Nigeria’s rising debt, asking whether borrowing is driving long-term development or simply managing short-term pressures.

From infrastructure financing to revenue challenges, tax reforms, and concerns around tapping dormant funds, this conversation asseses the key questions shaping Nigeria’s fiscal future.

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