
FGN Exceeds 2025 Borrowing Target By 55.6%
FG Exceeds 2025 Borrowing Target By 55.6% The Federal Government (FG) has borrowed N17.36 trillion from domestic and foreign sources in the first 10 months of this year. This represents N6.06 trillion (55.6 per cent) in excess of the N10.9 trillion stipulated in the 2025 Appropriation Act on 10 months prorate bases. The total borrowing in 2025 approved budget is N13.08 trillion for the entire fiscal year. The breakdown of the 2025 borrowings so far shows a N15.8 trillion from domestic sources as at October 2025 and N1.56 trillion from the external sources as at first half of 2025. Meanwhile,…









