VAT collection for Q2 2020 climbed higher by 0.8% q/q and 4.9% y/y to N327.2bn.
Its Nigerian operations continues to carry its lagging African
An illustration of the new cold war that the United States and China are waging within institutions and international donors.
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.
