Nigeria's Treasury Tzar, Ahmed, Goes For Broke With Dust Raising Drink Tax
Jan 10, 2022 ·
28m 42s
Nigeria is desperate for revenue. Its treasury does not have plenty of cash to provide for all its needs. The country is already highly geared on borrowing, both domestic and...
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Nigeria is desperate for revenue. Its treasury does not have plenty of cash to provide for all its needs. The country is already highly geared on borrowing, both domestic and foreign, with also a high ‘ways and means’ exposure with the Central Bank of Nigeria which is unaccounted for in the debt profile released by the Debt Management Office.
Nigeria has been running deficit budgets for years and it now seems like a normal thing in the government’s revenue and expenditure management framework.
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Nigeria has been running deficit budgets for years and it now seems like a normal thing in the government’s revenue and expenditure management framework.
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