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Rising debt straining govt finances, says NESG

The Nigerian Economic Summit Group (NESG) has warned that Nigeria’s rising debt burden is still putting serious pressure on government finances despite signs of stability in some economic indicators. In its latest Debt Burden Monitor for the fourth quarter of 2025, the NESG said the country’s fiscal situation remains under strain mainly because a large share of government revenue is still being used to service debt obligations, leaving limited funds available for development projects and other public needs. [...]