Nigeria Records N2.293 Trillion Budget Deficit, As Debt Servicing Takes Toll

Nigeria’s whirlwind of revenue misfortune, compounded by COVID-19-induced economic strains and rising debt profile,  keeps taking toll on its financial status and increasingly downsizing the country’s budget implementation. For the first quarter of the year, the federal government of Nigeria recorded a budget deficit of N2. 293 trillion, Minister of Finance, Budget and National Planning, … Continue reading Nigeria Records N2.293 Trillion Budget Deficit, As Debt Servicing Takes Toll