The federal government is grappling with a staggering N30 trillion revenue shortfall in the 2025 fiscal year, a development analysts say exposes deep weaknesses in fiscal management and entrenched corruption that continue to frustrate revenue mobilisation. The disclosure starkly contradicts official optimism expressed in September, when President Bola Tinubu said the government had already met its 2025 revenue target by August, citing reforms and improved non-oil sector performance. The President had emphasised that his administration's R
The federal government is grappling with a staggering N30 trillion revenue shortfall in the 2025 fiscal year, a development analysts say exposes deep weaknesses in fiscal management and entrenched corruption that continue to frustrate revenue mobilisation. The disclosure starkly contradicts official optimism expressed in September, when President Bola Tinubu said the government had already met its 2025 revenue target by August, citing reforms and improved non-oil sector performance. The President had emphasised that his administration's R