Pandemic: AU Report Predicts $65bn Revenue Loss for Nigeria, Angola

Pandemic: AU Report Predicts $65bn Revenue Loss for Nigeria, Angola

Ejiofor Alike with agency reports Sub-Saharan Africa’s biggest oil producers, Nigeria and Angola, alone could lose $65 billion in income this year due to the impact of the COVID-19 pandemic, according an African Union (AU) study. The study noted that African oil exporters are expected to see their budget deficits double this year while their […]

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Source: Pandemic: AU Report Predicts $65bn Revenue Loss for Nigeria, Angola

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