FCT Debt Hits ₦389 Billion Under Wike, Rises Over 500% In One Year – Report1

• NEWS, SLIDE
• September 11, 2026

By Henryrich Ojo | Newsworld The domestic debt of the Federal Capital Territory (FCT) rose by about ₦328 billion within one year, increasing from approximately ₦61 billion in March 2025 to ₦389 billion by March 2026. The sharp increase occurred under the administration of FCT Minister Nyesom Wike, with financial records showing that the Territory’s