Nigeria’s Debt Crisis and Suicide Epidemic: Government Moves to Decriminalize Attempted Suicide

A 29-year-old Nigerian man has reportedly taken his own life over a debt of ₦250,000, a stark reminder of how economic hardship is driving despair across the country. Nigeria records around 16,000 suicide cases each year, with experts warning the true figure may be even higher due to stigma and underreporting. Rising prices and social pressures have left many young people particularly vulnerable, as household borrowing continues to climb.

Nigeria’s household debt now stands at roughly $38.7 billion, while inflation hovers at 23%, eroding incomes and piling further stress on families. In response to growing concerns, the federal government has announced plans to decriminalize attempted suicide by December 2025, aiming to reduce stigma and channel struggling citizens toward mental health care rather than punishment. Advocates say the move is vital but stress it must be backed by broader social support and access to treatment.