Budget 2018 faces execution risk over bullish revenue forecast

Budget 2018 faces execution risk over bullish revenue forecast

Nigerian authorities may have been overly optimistic in preparing budget estimates with ambitious revenue projections that largely failed to materialise in the previous two budget budgets cycles of 2016 and 2017. For the 2018 budget however by inexplicably further raising the bar some 30 percent in terms of expected government revenues, it is stoking fresh…

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