2021 BIR Infographics

The federal government missed its revenue target for the sixth time after earning N2.31tn from the projected sum of N3.31tn for H1 2021. Of this amount, debt servicing wiped off N2.O2tn, leaving ONLY N290bn for non-debt recurrent expenses. How did FG finance its salaries, overheads, and CAPEX?

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