FG records ₦290.00 billion revenue shortfall in 2016

A comprehensive review of the 2016 budget implementation has disclosed that Federal Government’s revenue inflow moderated to ₦2.95 trillion in 2016, indicating a shortfall in revenue of ₦290.00 billion or 8.95% from the ₦3.24 trillion performances in 2015. Total actual expenditure in 2016 stood at ₦5.36 trillion, indicating an expenditure shortfall of ₦0.70 trillion or … Continue reading FG records ₦290.00 billion revenue shortfall in 2016