President Bola Tinubu has submitted the Medium-Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) for 2025-2027 to the National Assembly, requesting expeditious consideration and approval. Federal Government Proposes N47.9 Trillion Expenditure for 2025, $2.2 Billion Loan to Finance Budget Deficit. The President also sought approval for a fresh[Read More…]
Tag: $2.2 Billion Loan
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]