Nigeria don fault World Bank assessment of dia debt position, and dismiss concerns say interest payments of N7.7tn for first half of 2026 threaten di country debt sustainability.

Di Federal Ministry of Finance describe reports wey talk say interest payments reach 124 per cent of Federal Government revenue during di period as misleading, and argue say di calculation rely on incomplete revenue figures and include debt obligations wey dem service on behalf of state governments.

Di ministry state im position for one statement wey dem issue on Sunday and share on X by di Minister of Finance and Coordinating Minister of di Economy, Taiwo Oyedele.

According to di ministry, Nigeria fiscal position don improve, with revenue wey dey grow faster than interest payments.

E talk say, "Di Federal Ministry of Finance don note recent analysis and public commentary wey, citing di World Bank October 2026 Nigeria Development Update, claim say Federal Government interest payments reach 124 per cent of revenue for first half of 2026. Dis conclusion dey misleading, for three reasons."

Di response follow reports wey base on di World Bank October 2026 Nigeria Development Update, wey put Federal Government revenue at N6.2tn and interest payments at N7.7tn for first half of di year.