Tinubu Pledges to Ease Forex Liquidity Crunch: Nigeria Summit – Bloomberg
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Americas+1 212 318 2000
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Asia Pacific+65 6212 1000
Nigeria’s government plans to raise 9 trillion naira ($11.1 billion) of debt to help fund next year’s budget, said Ben Akabueze, the head of the West African nation’s budget office.
“We are going to spend 26 trillion and we are looking to raise 17 trillion in revenue and the balance in debt,” Akabueze said in an interview on Monday at the Nigerian Economic Summit in the capital, Abuja.
