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Nigeria · Government Borrowing Dashboard

How much does Nigeria owe?

The Federal Republic's public debt, reserves, exchange rate and fuel prices — tracked in real time across five administrations since 1999, and demarcated by the president who did the borrowing.

$118B
Total public debt · 2026
$503
Owed per citizen
68%
Revenue to debt service
35%
Debt-to-GDP
Live data · last refreshed 39 minutes ago · hourly FX/oil, daily GDP/debt
Who Borrowed the Most?
Total debt added by each president, ranked from highest to lowest
Ranked by Total Borrowed
1
Muhammadu Buhari
2015–2023 (8 yrs)
$55.4B → $104.2B
+$48.8B
+88.1% · $6.1B/yr
2
Goodluck Jonathan
2010–2015 (5 yrs)
$35.3B → $55.4B
+$20.1B
+56.9% · $4.0B/yr
3
Umaru Musa Yar'Adua
2007–2010 (3 yrs)
$21.3B → $35.3B
+$14.0B
+65.7% · $4.7B/yr
4
Bola Ahmed Tinubu
2023–2026 (3 yrs)
$104.2B → $117.8B
+$13.6B
+13.1% · $4.5B/yr
5
Olusegun Obasanjo
1999–2007 (8 yrs)
$36.7B → $21.3B
−$15.4B
-42.0% · $1.9B/yr
Ranked by Borrowing Rate (Per Year)
🥇
Muhammadu Buhari
2015–2023 (8 yrs)
Total: +$48.8B
+6.1B/yr
$55.4B → $104.2B
🥈
Umaru Musa Yar'Adua
2007–2010 (3 yrs)
Total: +$14.0B
+4.7B/yr
$21.3B → $35.3B
🥉
Bola Ahmed Tinubu
2023–2026 (3 yrs)
Total: +$13.6B
+4.5B/yr
$104.2B → $117.8B
4
Goodluck Jonathan
2010–2015 (5 yrs)
Total: +$20.1B
+4.0B/yr
$35.3B → $55.4B
5
Olusegun Obasanjo
1999–2007 (8 yrs)
Total: −$15.4B
-1.9B/yr
$36.7B → $21.3B
Debt Added by President (USD Billions)
Buhari
2015–2023
+$48.8B
Jonathan
2010–2015
+$20.1B
Yar'Adua
2007–2010
+$14.0B
Tinubu
2023–2026
+$13.6B
Obasanjo
1999–2007
−$15.4B
Did You Know Nigeria's debt has grown 170% in the last 10 years.
Your Share of Nigeria's Debt
₦667,523
Every Nigerian — child or adult — owes this much. Total national debt ÷ 234 million citizens.
₦3,337,616
That's 9.5 months of minimum wage (₦70,000/month) for one person — or 0.8 years.
A Baby Born Today Inherits
₦667,523
Before the baby learns to talk, this is what they already owe. By the time they turn 18, their share will likely be much higher if borrowing continues.
In USD
$503
Petrol litres
652L
Bags of rice
8.3
Live Borrowing Counter — Nigeria is borrowing right now
PER SECOND
₦285,721
PER MINUTE
₦17,143,250
PER HOUR
₦1,028,595,026
PER DAY
₦24,686,280,630
SINCE YOU OPENED THIS PAGE
₦0
SINCE MIDNIGHT TODAY
₦0
What ₦156 Trillion Could Buy
Putting Nigeria's national debt in everyday terms
🍚
1,953M
50kg bags of rice
At ₦80,000 per bag — enough to feed every Nigerian for years.
⛽
153B
litres of petrol
At ₦1,024/litre — fuel for ~30 years of national consumption.
🏠
6.2M
affordable houses
At ₦25M per home — could end Nigeria's housing deficit twice over.
👨‍🏫
130M
teacher salaries (1 year)
Could pay every public-school teacher in Nigeria for ~50 years.
🎓
3B
years of school fees
At ₦50,000/year per child — generations of free education.
🏥
78,100
general hospitals
At ₦2B build cost each — one in every LGA, several times over.
👨‍⚕️
26M
doctor salaries (1 year)
Could end Nigeria's medical brain drain for decades.
🏘️
312M
years of rent (Lagos)
At ₦500,000/year — housing for millions of Nigerian families.
2026
Total Public Debt
$117.8B
87.4 NGN trillions domestic
External Reserves
$54.0B
Central Bank of Nigeria
USD/NGN Rate
₦1326
Parallel: ₦1400
Petrol (PMS)
₦1024/L
Diesel: ₦1661/L
Debt Per Citizen
$503
₦667,523 per Nigerian
Debt-to-GDP
35.3%
GDP: $334B
Debt Service / Revenue
68%
₦14.9T / ₦22.0T
Inflation Rate
15.4%
CPI annual average
Brent Crude Oil
$73/bbl
Annual average price
Debt Per Second
$215
Accumulating in real-time
Currency Converter
Official: N1326/$1 · Parallel: N1400/$1
Presidential Scorecard
Economic metrics inherited vs left by each president
OO

Olusegun Obasanjo

1999–2007 PDP
Inherited Left Change
Total Debt
$37B $18B $-19B
Reserves
$5B $44B +$39B
USD/NGN
₦92 ₦128 +39%
Petrol
₦20 ₦65 +225%
GDP
$81B $314B +$233B
Inflation
6.6% 8.2% +1.6pp
Debt Svc/Rev
81% 13% -68pp
Litres/Wage
150L 85L -65L
Negotiated Paris Club debt exit ($18bn relief)
UY

Umaru Musa Yar'Adua

2007–2010 PDP
Inherited Left Change
Total Debt
$18B $25B +$8B
Reserves
$44B $42B $-2B
USD/NGN
₦128 ₦149 +16%
Petrol
₦65 ₦65 +0%
GDP
$314B $426B +$112B
Inflation
8.2% 12.6% +4.4pp
Debt Svc/Rev
13% 15% +2pp
Litres/Wage
85L 85L 0L
Died in office May 2010
GJ

Goodluck Jonathan

2010–2015 PDP
Inherited Left Change
Total Debt
$25B $60B +$34B
Reserves
$42B $34B $-8B
USD/NGN
₦149 ₦158 +6%
Petrol
₦65 ₦97 +49%
GDP
$426B $811B +$385B
Inflation
12.6% 8.1% -4.5pp
Debt Svc/Rev
15% 22% +7pp
Litres/Wage
85L 186L +101L
GDP rebased to become Africa's largest economy
MB

Muhammadu Buhari

2015–2023 APC
Inherited Left Change
Total Debt
$60B $105B +$45B
Reserves
$34B $37B +$3B
USD/NGN
₦158 ₦435 +175%
Petrol
₦97 ₦185 +91%
GDP
$811B $646B $-165B
Inflation
8.1% 18.9% +10.8pp
Debt Svc/Rev
22% 71% +48pp
Litres/Wage
186L 162L -23L
Two recessions (2016, 2020). Ways & Means securitization
BT

Bola Ahmed Tinubu

2023–present APC
Inherited Left Change
Total Debt
$105B $118B +$13B
Reserves
$37B $54B +$17B
USD/NGN
₦435 ₦1326 +205%
Petrol
₦185 ₦1024 +454%
GDP
$646B $334B $-312B
Inflation
18.9% 15.4% -3.5pp
Debt Svc/Rev
71% 68% -3pp
Litres/Wage
162L 68L -94L
Removed fuel subsidy. Unified exchange rate
Historical Trends (1999–2026)
Hover over charts for details. Shaded regions indicate presidential eras.
Total Public Debt (USD Billions)
External + Domestic debt combined
Revenue vs Debt Service (NGN T)
Federal revenue and debt servicing costs
Debt Service as % of Revenue
How much revenue goes to servicing debt
External Reserves (USD Billions)
CBN foreign exchange reserves
Brent Crude vs Reserves
Oil price correlation with external reserves
USD/NGN Exchange Rate
Official vs parallel market rates
Inflation Rate (CPI %)
Consumer price index annual average
Fuel Prices (NGN/Litre)
Petrol (PMS, primary) with Diesel (AGO) overlay
GDP (USD Billions)
Nigeria's nominal GDP in US dollars
Debt-to-GDP Ratio
Total public debt as % of GDP