Revenue shortfall pushes FG’s fiscal deficit to 12-month high

Revenue shortfall pushes FG’s fiscal deficit to 12-month high

The Federal Government of Nigeria’s fiscal deficit ran at a 12-month high in the month of February, according to data provided by the Central Bank, as actual revenues flunked budget targets and officials overshot spending.  At N404.9 billion in February, the deficit is almost four times the monthly provisional budget estimate of N185 billion, with…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe

Related Posts