Nigeria is US dollar broke. Nigerian banks owe Visa and Mastercard between US$3 - 5 Billion. We owe Airlines over US$3 Billion. We need about US$2.2 Billion to urgently import refined petroleum products....this is outside the FX demand from other companies. Both GT Bank and Zenith have Eurobond maturities next year...We don't have the dollar liquidity to pay
Jekwu Ozoemene
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