Nigerians are in trouble. By 2030, if the borrowing does not stops, Nigeria will cross a threshold of no return where we will be unable to ever pay back or service our debt. Now listen, This is what will happen when Nigeria can no longer pay their debt Nigeria’s debt is N159 trillion. Debt servicing alone in 2026 is N15.8 trillion. That is not paying the debt. That is just paying the interest to avoid embarrassment internationally. Here is what happens if we can’t meet it. The government stops paying contractors first. Then civil servant salaries get delayed. Then state allocations shrink. Then the CBN starts printing money to cover the gap. Then inflation gets worse than what you are experiencing now. The naira doesn’t depreciate, it will collapse, not gradually but disorderly. Importers can’t price goods and Manufacturers will shut down. Unemployment will spikes. Then the IMF will arrives and the IMF does not come with gifts. It comes with conditions like remove more subsidies, devalue the currency further, cut the public wage bill. Every condition signed in Abuja is felt in your pocket in Lagos, Kano and Aba. Nigeria won’t formally default. What will happen is worse. The state will simply do less and less. Hospitals with no drugs. Schools with no teachers. Roads with no maintenance. Security forces with delayed salaries. The people who will not feel any of this are the same people taking the loans on your behalf. Right now each Nigerians including the unborn ones are owing N58,000 each in debt.