Nigeria’s National Assembly has approved the $5.5 billion external loan request of the executive arm of government to fund the country’s budget deficit. While addressing the revised Medium Term Expenditure Framework and Fiscal Strategy Paper, the lawmakers raised the oil price benchmark to $28 per barrel from the $25. Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa for more.
Zedcrest Capital CEO on COVID-19, debt sustainability & Nigeria’s economic future
PUBLISHED: Thu, 04 Jun 2020 12:04:59 GMT