Nigeria's Economy Worse Off In 2020 Despite N7.23trillion Earning

Nigeria's Economy Worse Off In 2020 Despite N7.23trillion Earning

Author: Africa Business Radio July 5, 2021 Duration: 15:23
A new report has shown that although there was a slump in its oil-driven revenue due to the onset of the Covid-19 global pandemic, Nigeria’s federal government, its 36 sub-nationals with their 774 local government councils shared in excess of N7.23 trillion in 2020.
But with a broken economic system and insincere governance the central government and its sub-nationals could not manage the huge earnings in 2020, but rather turned out to be the worst-off ever.

Tune into News Express from Africa Business Radio for a clear-eyed look at the forces shaping Nigeria's economy. This isn't just headline scanning; it's a dedicated exploration of the financial sector and markets, delivered with a focus you won't find elsewhere. We go beyond the surface noise of daily news to provide context and analysis, yet avoid the narrow jargon that can make trade publications inaccessible. Each episode distills the essential conversations happening right now in boardrooms and on trading floors. You'll hear informed discussions pinpointing what matters for pivotal areas like Investment Banking, Trading, Technology, and Fund Management, while also tracking movements in Alternatives, Commodities, and major Companies. For anyone with a stake in the region's business landscape, this podcast serves as a vital briefing, connecting the dots between sectors to offer a comprehensive, nuanced picture. News Express is your source for understanding not just what is happening, but why it matters for the future of African commerce.
Author: Language: English Episodes: 100

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