Fiscal pressure mounts as FG slashes spending, deficit expands

By Chinwendu Obienyi The Federal Government of Nigeria (FGN) recorded a significant decline in expenditure and revenue in January 2025, as fresh data from the Central Bank of Nigeria (CBN) revealed a deepening fiscal deficit and falling receipts from both oil and non-oil sources. According to provisional figures from the apex bank’s economic report for [...]The post Fiscal pressure mounts as FG slashes spending, deficit expands appeared first on The Sun Nigeria.

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