How FG, others gain N1.05trn from Naira depreciation
The three tiers of government recorded N1.05 trillion in income from exchange rate gains into the Federation Account, in nine months to September 30th, 2023, triggered by the 71 per cent depreciation of the naira during the period. This represents a 10,400 per cent increase when compared with the N10.35 billion income from exchange rate […]
