While you
read this.
Nigeria does not suffer once a year. It suffers every second. These numbers started counting when you opened this page.
A worker on the ₦70,000 minimum wage earned ₦0. The government paid 0 times that in debt interest.
Yearly totals spread evenly across the year: ₦15.8 trillion of debt service in the 2026 budget; ₦154.2 trillion added to public debt from May 2015 to June 2026 (DMO, our arithmetic per year); ₦7.1 trillion on the fuel subsidy in 2024; $670 million a year in security votes (estimate); 855,676 under-five deaths in 2024 (UN); about 75,000 maternal deaths in 2023 (UN); 880 killed in conflict a month, June 2023 to December 2025 (ACLED, our calculation); 7,825 kidnapped and ₦7.78bn paid in ransom from July 2025 to June 2026 (SBM Intelligence); 76,419 UK health and care worker visas to Nigerians in 2023, including family members (UK Home Office); minimum wage ₦70,000 a month.
The long count
Every second, Nigeria pays about ₦500,000 in interest on the debt they built. Every second. While you read this.
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