₦airaland Forum

Anither563:
The fiscal deficit is a reflection of the fiscal reforms and transparency that this administration is committed to.

I believe that in no distant time, we will get to a point where we will be able to fund our budget largely through our revenue and not through borrowing.

nlfpmod:
Source: https://x.com/BudgITng/status/1827952323001192652?t=c_rHZ8D-ShNp4uQKKYIrQA&s=08[/quote]What kind of country is this ?
Am tired of nigeria
I give up for now

Anither563:
The fiscal deficit is a reflection of the fiscal reforms and transparency that this administration is committed to.

I believe that in no distant time, we will get to a point where we will be able to fund our budget largely through our revenue and not through borrowing.

Anither563:
The fiscal deficit is a reflection of the fiscal reforms and transparency that this administration is committed to.

I believe that in no distant time, we will get to a point where we will be able to fund our budget largely through our revenue and not through borrowing.

bdon123:
How can anyone be this blind n ignorant?

deji17:
That is why Government cannot afford many subsidies.
The 2024 figure should be better.

Anither563:
The fiscal deficit is a reflection of the fiscal reforms and transparency that this administration is committed to.

I believe that in no distant time, we will get to a point where we will be able to fund our budget largely through our revenue and not through borrowing.

Botragelad:
So, they've managed to spend a whopping N19.50 trillion, despite only raking in N5.99 trillion in revenue, that's more than three times what they earned!.

And what's even more surprising is that the bulk of the revenue, N3.80 trillion, came from the Federation Account Allocation Committee or whatever that is, while they're pouring N8.56 trillion into debt servicing. Now that's about 44% of the budget! Lol

This is what you call a vicious cycle of borrowing and debt.

arantess:
a paid bot..
the bot was registered this month august.

LegendHero:
This year will be the pointer as FG keep making huge revenue and our debt servicing % compared to revenue is moderate now.

When they release this report for 2024, I am sure we will improve.

Tochi360:
You are not being truthful to yourself and I wonder why you guys chose this part bcus its clear as the sound of a bell that APC as a party is nothing but a Curse on the common Nigerian hustling legitimately on the streets of Nija.

APC was never formed to make Nigeria better,this men joined forces to take out PDP and keep power at all cost. No plan to solve the numerous problem that bedevils this Country. Nigeria is plainly politics to Tinubu and his evil APC structure of doom,hardship, insecurity, cluelessness and backwardness. The only thing they have been active at since 2015 is cry and wail PDP this,PDP that, Obi this Atiku that while they starve the Country of the dividends of democracy.

Una no like to tell unasef truth for whatever reasons.

bdon123:
Bt can afford a new plane wit higher maintenance cost.
Can afford to award contract in trillions for coastal highway from lagos to calabar we dont need instead of investing that kind of money in infrastructure to ramp up oil production which translates to increased revenue?
Brother am i making even a little sense to u or can i jst giv up?

LegendHero:
This year will be the pointer as FG keep making huge revenue and our debt servicing % compared to revenue is moderate now.

When they release this report for 2024, I am sure we will improve.

deji17:
Honestly you are not making sense.

Anither563:
The fiscal deficit is a reflection of the fiscal reforms and transparency that this administration is committed to.

I believe that in no distant time, we will get to a point where we will be able to fund our budget largely through our revenue and not through borrowing.

AZZEEZZ:
This misplaced priority

What does this mean? The government spent looted more than three times what it earned in revenue.