HomeTags2022

Tag: 2022

Nigeria To Spend 92 Kobo/Naira on Interest In 2022

The International Monetary Fund (IMF), projected that by 2022 Nigeria would spend almost 92 kobo of every Naira it earned on servicing its growing debt. This implies that only 8kobo of every Naira earned will be used for development. According to the IMF's Article IV...