FIRS Chairman, Zacch Adedeji, defends FG’s loan requests amid surplus revenue generation
The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has defended the Federal Government's recent loan requests, ...
Tag: Budget Deficit
2024 budget: FG projects 33.5% reduction in budget deficit
The federal government has projected a N4.60 trillion decline in the budget deficit for the 2024 fiscal year.
MPC recommends CBN increase lending to government via Ways and Means
The MPC urged the CBN to increase its lending to the government as it believes it will help reflate the ...
Nigeria generates N1.53 trillion VAT in 2020, grows by 29%
VAT revenue grew by 29.3% compared to N1.18 trillion recorded in 2019 as professional services sector tops with N162.3 billion ...
Nigeria’s total public debt rises to N32.2 trillion ($84.57 billion) as at September 2020.
Nigeria has a total public debt (External and Domestic) of N32.22 trillion ($84.57 billion) as of September 2020.
FG’s unsustainable budget deficit and debt service cost
We are increasingly worried about the government’s ballooning deficits and unsustainable debt service costs.
