Former presidential aide, Reno Omokri has claimed that Nigeria’s debt profile has dropped by $16 billion since President Bola Tinubu took over from Muhammadu Buhari.
He stated this via a post made on his X page on Monday.
According to Reno Omokri, when former President Goodluck Jonathan left office in May 2015, Nigeria’s debt stood at $63 billion. Buhari allegedly increased it to $113 billion before handing over to Tinubu in May 2023.
ALSO READ: Tinubu may soon borrow from Opay, Moniepoint — Dino Melaye
Omokri said Tinubu has now reduced the figure to $97 billion, citing data from the Debt Management Office (DMO).
“Only two civilian governments have ever reduced Nigeria’s debt Obasanjo and Tinubu,” Omokri wrote, while urging Nigerians to rely on official figures rather than reports from opposition-linked media.
He also shared links to the DMO website for Nigerians to confirm the figures themselves.
Just To Be Clear, Nigeria’s Debt Has REDUCED by $16 Billion Under President Tinubu
Given what may or may not have been said, Nigerians may want to know that our nation’s total indebtedness has reduced by $16 billion under President Bola Tinubu.
President Jonathan handed over… pic.twitter.com/sPmZzx936z
— Reno Omokri (@renoomokri) September 8, 2025