Nigeria is facing a fiscal crisis. A perfect storm of the pandemic, remittances falling by 28%, and an oil price crash meant that in the first quarter of 2020, 99% of revenues (yes 99%) were spent on debt service.
This year, despite being in the middle of a global pandemic, the federal government cut funding to health by 4%. It may come as a shock, then, to learn that, in 2019 (the only year for which we have data) just...