Nigeria, Dec. 11 -- Nigeria's rising public debt has pushed the country into a severe and "self-inflicted" fiscal crisis that is undermining human development, climate resilience and long-term growth, according to a new report released on Tuesday by the Centre for Inclusive Social Development (CISD) with support from the Heinrich Boll Foundation.

The report, titled "Mapping Nigeria's Debt Landscape: A Burden on Youth, Climate Change, and National Development," warns that the country's finances are caught in a dangerous cycle in which borrowing continues to rise while development outcomes stagnate.

It shows that total public debt climbed to N144.67 trillion in the fourth quarter of 2024, while the Federal Government's Debt Service-to-Rev...