The failure of the project has been blamed on several factors including poor management.
Underperformance in revenue targets has led to sustained increase in Nigeria’s debt levels.
Its Q1 2020 interim report, revealed a 30% decline across its revenues streams.
Media reports quoted that the proposal for 2021 targets Non-debt recurrent expenditure of N5.75tn.
A better approach will be to direct its limited funds into the development of key sectors.
The CBN’s disposition remains biased towards supporting economic growth.
The decrepit state of healthcare infrastructure in Nigeria continues to negatively impact economic productivity.
FG had raised the value-added tax rate as a way to increase government revenue.
Cutix makes a huge chunk of its revenues from Nnewi where it is located.
Being the first to publish results, provides a glimmer into what might befall banks this quarter,