The World Bank says Nigeria's government lost N13.2 trillion because of how it managed foreign exchange between 2021 and 2023.
The losses broke down like this: N2 trillion in 2021, N6.2 trillion in 2022, and N5 trillion in 2023.
This huge loss happened because the government kept two different
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.
