Nigeria In Dire Financial straits as debt service cost hits N1.94 Trillion


The Nigerian economy sustained its recovery from recession for the fifth consecutive quarter growing from 3.11% in real terms in the first quarter of 2022.

Zainab Ahmed, the minister of finance, Budget and National Planning hinged this achievement on the effective implementation of the Economic Sustainability measure of President Muhammadu Buhari’s administration

She also gave a review of the performance of the 2022 budget between January and April 2022.

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