The Central Bank of Nigeria has said that the Federal Government recorded deficit spending of N593 billion in August in 2022. This represents seven per cent higher than the N554.21 billion recorded in the previous month.&Read More
Tags :FG Expenditure
Latest figures obtained from the Central Bank of Nigeria has shown that the Federal Government’s expenditure in the first six months of 2022 exceeded revenue by N6.23 trillion. According to the second quarter economic report Read More
According to data from the budget office, Nigeria’s budget deficit has risen to N20.64 trillion from 2016 to 2020. A budget deficit occurs when expenses exceed revenue and indicate the financial health of a country. According Read More
The Federal Government of Nigeria has revealed it spent N3.8 billion to repair four bridges damaged by vandals and petrol laden tankers. Babatunde Fashola, the Minister of Works and Housing, disclosed this on Monday Read More
