Nigeria to ramp up spending to boost GDP by 4.2 percent in 2022
Nigeria’s government finalized plans to ramp up spending and borrowing as it grapples with reviving an economy that shrank by the most in a quarter century last year due to the coronavirus pandemic. Expenditure is projected at 16.4 trillion naira ($39.7 billion) next year, or 17.7% more than initially proposed, President Muhammadu Buhari said in…
