Investor Presentaiton slide image

Investor Presentaiton

AVOIDING THE CLIFF, BUT STILL CLIMBING THE MOUNTAIN: BREAKING OUT OF THE LOW REVENUES / LOW SPENDING FISCAL EQUILIBRIUM, AND IMPROVING SPENDING EFFICIENCY More reforms to strengthen revenues are needed to fund public services and development. On present trends, Nigeria will continue spending less than $20/person/month on non-interest expenditure for the foreseeable future Percent of GDP US$ 30 20.0 18.0 17.6 25 16.0 SSA average 14.0 20 12.0 00 10.0 8.4 8.6 8.6 8.7 8.8 8.9 Total 8 8 Monthly per capita 6 interest 5 5 expenditure 15 6 5 5 8.2 8.0 7.4 revenue 10 6.0 4.7 4.7 4.9 5.0. 5.1 5.2 4.6 Non-oil revenue 17 5.0 12 12 14 13 15 16 5 Monthly per 18 capita non- interest expenditure 4.0 Oil 2.0 3.7 3.5 3.9 3.8 3.7 3.8 3.7 revenue 2.4 0 0.0 2023 2024 2025 2026 2027 2028 2029 2030 2023 2024 2025 2026 2027 2028 2029 2030 Source: World Bank estimates based on data from BOF, DMO, and WEO NIGERIA THE WORLD BANK IBRD ⚫IDA | WORLD BANK GROUP 20 20
View entire presentation