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FGs deficit hits N12.95tr, exceeds budgeted target by 41%

Published by Vanguard on Wed, 02 Apr 2025


But revenue grew 34.8% to N8.6trn By Elizabeth Adegbesan The Federal Government(FG) recorded a N12.95 trillion budget deficit in 2024. This represents a 41 percent increase from its N9.16 trillion budgeted deficit for the review period. Details of data from the Central Bank of Nigeria, CBN, Quarterly Economic Reports for 2024 showed that the deficit []The post FGs deficit hits N12.95tr, exceeds budgeted target by 41% appeared first on Vanguard News.
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