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Naira depreciation ridicules increased budgetary allocation for Nigeria’s foreign missions

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Naira depreciation ridicules increased budgetary allocation for Nigeria’s foreign missions

Despite increased budgetary allocation (in naira terms) for Nigeria’s foreign missions, the depreciation of the naira means that Nigerian missions will receive less funding this year than they did in three of the last four years, a PREMIUM TIMES analysis has shown. While the budgetary allocation for Nigeria’s foreign missions is in naira, expenses are … Read more