Nigeria revenue

Government Eyes $1.75bn World Bank Loans Amid Rising Debt

Sep 5, 2025. by Isaac Adegboye

FG collects ₦20.59tn in 8 months Govt eyes $1.75bn new World Bank loans Economists warn total debt could hit ₦180tn The Federal Government plans to increase its borrowing despite a remarkable 40.5 per cent surge in revenue for the first eight months of 2025. According to a statement by Presidential Adviser Bayo Onanuga, the government’s … Read more

FG, States And LGs Share N780.926bn Federal Revenue In March

Apr 23, 2020. by Otunba T.J Abass

A total of N780.926 billion has been shared between the Federal, States and Local Governments for March 2020 by the Federation Accounts Allocation Committee (FAAC). This was disclosed in a statement by the Director, Information, Press and Public Relations, Henshaw Ogubike, after a virtual FAAC meeting with the 36 state commissioners of finance, revenue-generating agencies … Read more