Nigeria will pay N1.8trn extra interest if… — Buhari

The President, Major General Muhammadu Buhari (retd.), said, on Tuesday, that Nigeria would pay N1.8 trillion ($4 billion) extra interest in 2023 if the National Assembly rejected a loan-to-bond swap request on the Central Bank of Nigeria’s overdrafts to the government. Buhari stated this during the signing into law of the 2023 budget of N21.83