The Federal Inland Revenue Service (FIRS) has expressed support for the Federal Government's borrowing strategy, asserting that the current debt profile is manageable when considered alongside ongoing reforms, anticipated revenue increases, and plans for fiscal consolidation. In light of growing apprehensions regarding Nigeria's escalating debt levels and associated borrowing expenses, the FIRS highlighted the importance of these measures in maintaining economic stability. The agency's statement aims to reassure stakeholders about the sustainability of the government's financial approach amidst economic challenges.
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