SOCIO-ECONOMIC Rights and Accountability Project (SERAP) has sued the federal government of Nigeria at the Federal High Court in Lagos over failure to probe over $15 billion oil revenue and N200 billion alleged budget to fix refineries between 2020 and 2021. The claims are contained in the 2021 report by[Read More…]
Tag: N200b oil funds
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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…]