The Federal Government of Nigeria recorded a budget deficit of N5.33 trillion between January and August 2022 despite Nigeria’s limited budgetary capacity. Out of the N11.55tn pro rata estimated spending for the period, the government spent N9.56tn from January to August 2022. N3.52 trillion of the N9.56 trillion spent in eight months went toward debt … Continue reading Nigeria Records N5.33tn Budget Deficit In Eight Months