Nigeria Does Not Have a Debt Crisis: Former Finance Minister Ahmed

The transcript covers a discussion with a former finance minister about returning to the cabinet, economic recovery plans, revenue challenges, and debt management. It also addresses gasoline subsidies, VAT policy changes, IMF relations, Eurobond strategies, and the impact of the US-China trade war on Nigeria's economy.

What was the speaker's role in the Finance Ministry before leaving?

• Finance Minister

• Economic Advisor

• Central Bank Governor

• Trade Minister

What is the target growth rate for the Nigerian economy according to the Economic Recovery and Growth Plan?

• 7%

• 5%

• 3%

• 10%

What is one of the main economic challenges mentioned in the second section?

• Stable currency

• Low inflation

• High export rates

• High unemployment

What strategy is being implemented to address Nigeria's revenue problem?

• Cutting public sector jobs

• Reducing foreign investments

• Strategic Revenue Growth Initiative

• Increasing import tariffs

What is the proposed change in VAT rate mentioned in the transcript?

• From 7% to 9%

• From 5% to 7.5%

• From 5% to 10%

• From 6% to 8%

How does the US-China trade war affect Nigeria's economy?

• Stabilizes the currency

• Impacts trade balance

• Reduces inflation

• Increases local production

What is the current official exchange rate of the Nigerian naira to the US dollar?

• 310 naira

• 305 naira

• 300 naira

• 306 naira