Nigeria’s Federal Government recorded a N12.95 trillion budget deficit in 2024, representing  a 41 percent increase from its N9.16 trillion budgeted deficit for the review period. This is even as different revenue generating agencies of the government exceeded their revenue targets for the year. Data from the Central Bank of Nigeria (CBN) Quarterly Economic Reports […]

The post Federal govt’s budget deficit raises tonN12.95trn  first appeared on Business Hallmark.