Mar 22, 2020

Economic update for week ending 21 March 2020

This entry is part 7 of 18 in the series 215 issue

Nigeria reduces 2020 budget, freezes recruitment The Nigerian government has approved a reduction in the size of the 2020 budget by about NGN 1.5 trillion. The cut includes a 20% reduction in expenditure to affect all ministries, departments and agencies. Minister of Finance Zainab Ahmed said there will also be a 25% cut in spending…

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