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
News Express
Business
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.

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