Nigeria’s debt to reach N50 trillion as FG proposes N11.3 trillion budget shortfall in 2023
The Federal Government on Monday said Nigeria would likely borrow to finance another budget deficit of N11.3 trillion in 2023, thereby taking the country’s debt stock to N50 trillion. Zainab Ahmed, cabinet minister in charge of finance and national planning, said the regime plans to spend N19.76 trillion next year, out of which the government … [Read more…]