Nigeria Finance Minister on Possible Debt Restructuring

Minister Zainab Ahmed discusses Nigeria's 2023 budget, highlighting its record size and deficit. She outlines plans to raise funds from both domestic and international sources, with a focus on monitoring market conditions. The discussion covers debt servicing, inflation control, and economic growth targets. The minister addresses challenges in oil production, currency exchange rates, and the impact of global economic conditions. She also touches on the potential removal of oil subsidies and Nigeria's relationship with OPEC and the US. Finally, she reflects on her tenure and the economic resilience achieved.

What is the expected percentage of Nigeria's 2023 budget that will be raised from international debt markets?

What are the implications of the IMF's estimates regarding Nigeria's government revenue and debt servicing?

What measures is Nigeria considering to reduce its debt burden?

What strategies is Nigeria implementing to increase domestic revenue mobilization?

What is the current inflation rate in Nigeria, and how is it being addressed?

What is the target growth rate for Nigeria's economy in the next year?

How does the strengthening of the dollar affect Nigeria's debt repayments?

How has Nigeria's oil output been affected by theft, and what steps are being taken to address this issue?

What is the break-even price for a barrel of oil in Nigeria's budget for 2023?

What is the timeline for the removal of fuel subsidies in Nigeria?