Federal Gov’t Defends Borrowings Amid Surplus Revenue Reports

Federal Gov’t Defends Borrowings Amid Surplus Revenue Reports …C0NTINUE READING HERE >>>

The federal government has defended its borrowing plans, stating that they were based on approvals from the National Assembly, despite revenue-generating agencies surpassing their annual targets.

This was revealed on Monday in Abuja during an interactive session between revenue-generating agencies and the National Assembly’s Joint Committees on Finance, Budget, and National Planning. The discussions focused on the 2025–2027 Medium Term Expenditure Framework (MTEF) and Fiscal…

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