Nigeria’s parliament passes medium-term expenditure framework for 2022 to 2024

Nigeria’s parliament has passed the medium-term expenditure framework for 2022 to 2024, pegging the oil benchmark for next year’s budget at $57 a barrel. The legislature also estimated crude oil production at 1.88 million barrels per day and an exchange rate of 410 naira to a dollar. Moses Hammed, Investment Analyst joins CNBC Africa for more.