The federal government is set to take over direct custody of revenues generated by its key agencies as part of efforts to improve income generation and block leakages. Many federal government revenue generating agencies, commissions and enterprises are being accused of either spending at will most of the monies, they[Read More…]
Tag: Leakages
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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…]