Senator Jimoh Ibrahim, representing Ondo South, stated that Nigeria's lack of presence on the list of the world's most indebted nations is a testament to the disciplined fiscal strategies implemented under President Bola Tinubu's administration. His comments come amid ongoing discussions regarding Nigeria's borrowing habits and debt profile, especially as new global debt data was recently published. Ibrahim made these remarks through a media statement, indicating confidence in the current government's fiscal management.

The recent release of global debt figures for Q4 2025 by the Institute of International Finance shows many advanced economies struggling with significant debt burdens, with countries like Hong Kong, Japan, and Singapore surpassing 300% of their GDP in total debt. This includes government, corporate, and household debts, highlighting the financial pressures that these countries face compared to Nigeria's situation, which Ibrahim praises.

Ibrahim’s assertions have emerged in a context where Nigeria is under scrutiny for its financial policies, which raises questions about the sustainability of its fiscal practices. The debate over Nigeria's debt strategy is crucial, especially for potential investors and international observers monitoring how the country manages its financial obligations. By showcasing Nigeria's stability in the face of rising global debt levels, Ibrahim aims to reassure stakeholders of the country's economic prospects as it navigates through its fiscal challenges.