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The brain uses spikes in neural circuits to perform many dynamical computations. The computations are performed with properties such as spiking efficiency, i.e. minimal number of spikes, and robustness to noise. A major obstacle for learning computations in artificial spiking neural networks with such desired biological properties is due to lack of our understanding of how biological spiking neural networks learn computations. Here, we consider the credit assignment problem, i.e. determining the local contribution of each synapse to the network's global output error, for learning nonlinear dynamical computations in a spiking network with the desired properties of biological networks. We approach this problem by fusing the theory of efficient, balanced neural networks (EBN) with nonlinear adaptive control theory to propose a local learning rule. Locality of learning rules are ensured by feeding back into the network its own error, resulting in a learning rule depending solely on presynaptic inputs and error feedbacks. The spiking efficiency and robustness of the network are guaranteed by maintaining a tight excitatory/inhibitory balance, ensuring that each spike represents a local projection of the global output error and minimizes a loss function. The resulting networks can learn to implement complex dynamics with very small numbers of neurons and spikes, exhibit the same spike train variability as observed experimentally, and are extremely robust to noise and neuronal loss.