In the first quarter of 2022, the federal government's retained revenue was outstripped by the cost of servicing #Nigeria'sDebt by 310 billion naira.

And in Gabon, each of the 3 dollar-denominated government bonds from #Gabon and the 6 dollar-denominated government bonds from Angola are trading at a premium of over 1,000 basis points to #USTreasuryBonds, a level that indicates a country may have trouble paying down its debt. Any hope of salvaging this?

We discussed these and more, today on #NCBusinessEdge

Anchor:
Tolulope Adeleru-Balogun

Guests:
- Gospel Obele, Chief Economist, Streetnomics
- Ken Gichinga, Chief Economist, Mentoria Economics

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Nigeria's Debt Servicing Surpasses Revenue For Q1 2022 | Business Edge
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