President Buhari presented the 2017 Federal Budget with an ambitious revenue target of about N4.9 trillion. This is a 28% increase from a year before and if achieved will rank as the highest ever.
The highest the Federal Government has achieved in terms of budgeted revenue was in 2014 when it actualized a revenue of slightly above N4 trillion. The data below shows the Federal Government’s revenue profile since 1981.
The data was obtained from the Central Bank of Nigeria.
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