The World Bank reports that Nigeria mislaid implicit $8 cardinal owed to the Central Bank of Nigeria’s (CBN) refusal to interval the naira betwixt 2021 and 2023. This overseas speech subsidy, on with the substance subsidy, deprived the authorities of revenue. The World Bank acknowledges the suffering caused by the government’s policies but insists they […] World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years
8 months ago
The World Bank reports that Nigeria mislaid implicit $8 cardinal owed to the Central Bank of Nigeria’s (CBN) refusal to interval the naira betwixt 2021 and 2023. This overseas speech subsidy, on with the substance subsidy, deprived the authorities of revenue. The World Bank acknowledges the suffering caused by the government’s policies but insists they […] Related
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