FIRS revenue growing slower than FG’s spending

the share of FIRS revenue relative to the expenditure reduced to 50.8 percent in 2021 from 77.1 percent in 2015.

The revenue generated by the Federal Inland Revenue Service has been growing slower than the expenditure of the Federal Government in the last seven years, official data collated by BusinessDay show. Although FIRS’ revenue collection hit an all-time high of N6.40 trillion in 2021, analysts say

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