Comparing Nigeria’s Debt Growth: Buhari’s 2015–2023 vs Tinubu’s Early Years

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This post reviews Nigeria’s public debt trajectory under two administrations. Between 2015 and 2023, President Buhari oversaw an average annual debt increase of ₦9.41 trillion, adding ₦75.3 trillion in total over eight years. In contrast, President Tinubu’s first 2.25 years saw an average yearly rise of ₦29.29 trillion. During that period, total debt climbed by ₦65.9 trillion—nearly triple the previous rate. These figures are based on data from the Debt Management Office.

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