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Breaking down Nigeria’s budget implementation for 2020

A report by BudgIT says that the Nigerian Government spent 3.34 trillion-naira servicing debt in 2020. This represents 97.6 per cent of the 3.42 trillion-naira available revenue. Budgit’s 2020 budget implementation analysis also shows that a total of 10 trillion naira of the budget expenditure was spent as of December 31st, 2020. Emmanuel Odiaka, CEO at ECOB Capital Limited joins CNBC Africa for more.

Mon, 12 Jul 2021 12:45:09 GMT

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