Nigeria aims to nearly double its revenue in 2024 to N17 trillion, the country’s highest ever, which could reduce the budget deficit to its lowest level in years. But raising that much could be problematic, as with past years.

The government has proposed a budget of N26 trillion for next year but will provide full details to the National Assembly by the middle of November. The proposed 2024 revenue of N17 trillion compares to N9.73 trillion in 2023 and N8.12 trillion in 2022.

Ben Akabueze, the head of the budget office, provided more insight on Monday on what the spending plan might look like.

“We are going to spend 26 trillion and
https://pluboard.com/2023/10/24/economy/tinubus-ambitious-revenue-plan-for-2024-faces-a-peculiar-challenge/

Nothing go happen..