• News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
Wednesday, October 8, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
  • News
  • Finance
  • StartUPs
  • TechTAINMENT
  • Guest Writer
  • Digital Assets
  • IndustryINFLUENCERS
  • Environment
  • Macro Monday
ADVERTISEMENT

FG Unveils Debt Strategy, Caps Borrowing at 60% of GDP by 2027

FG Targets 7% Annual GDP Growth, Outlines Strategy for Economic Expansion

Wale Edun, Minister of Finance and Coordinating Minister of the Economy

The Federal Government has released a new debt management plan that places Nigeria’s maximum borrowing threshold at 60% of Gross Domestic Product (GDP) by 2027.

The Debt Management Office (DMO) explained that the Medium-Term Debt Management Strategy (MTDS) for 2024–2027 is designed to guide how the government meets its funding needs while keeping public debt sustainable.

The plan considers both cost and risk, aims to improve the structure of Nigeria’s debt portfolio, and seeks to further deepen the local debt market through fresh financial products.

“In furtherance of the adoption of international debt practices, Nigeria’s Medium-Term Debt Management Strategy (MTDS) for 2024 – 2027 has been approved by the Federal Executive Council.

“In preparing the MTDS, the Debt Management Office (DMO) collaborated with other stakeholders in the monetary and fiscal space. The DMO also received technical support from the World Bank and the IMF,” the agency said.

According to the DMO, the framework was developed with input from key players in fiscal and monetary policy and benefited from technical assistance provided by the World Bank and the International Monetary Fund (IMF). The Federal Executive Council has already given its approval.

A major highlight of the strategy is the shift towards more borrowing within the country. The portfolio mix has been set at 55% domestic debt and 45% external debt, a move aimed at reducing exposure to exchange rate volatility.

In addition, debt service payments are expected to remain below 4.5% of GDP, so that repayments do not swallow a large share of government revenue.

The plan also places restrictions on short-term foreign borrowing. Such loans must not exceed 10% of Nigeria’s external reserves, while the government will steer clear of loans that require quick repayment in order to avoid pressure on public finances.

0Shares

Tags: FGMr. Wale Edun
Latifat Fashina

Latifat Fashina

LATIFAT FASHINA is the Business/Finance Reporter at Techeconomy. She can be reached via: latifat.fashina@techeconomy.ng

Next Post
NDPC Launches Probe into 1,369 Organisations Over Data Protection Breaches

NDPC Launches Probe into 1,369 Organisations Over Data Protection Breaches

Comments 1

  1. Pingback: FG Unveils Debt Strategy, Caps Borrowing at 60% of GDP by 2027 | Tech | Business – Nigeria News Update

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  • About
  • Advertise
  • Careers
  • Contact Us

© 2025 TECHECONOMY.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs

© 2025 TECHECONOMY.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.