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Budget Deficits, Low Revenue To Blame For Rising Debts – DMO

Budget Deficits, Low Revenue To Blame For Rising Debts – DMO   The Debt Management Office (DMO) has said decades of operating budget deficits by successive governments were responsible for Nigeria’s high debt profile. The Director-General of the DMO, Patience Oniha, said this to the News Agency...

States Recorded Huge Budget Deficits In 2018 – NEITI

States Recorded Huge Budget Deficits In 2018 - NEITI   A report released Wednesday in Abuja by the Nigerian Extractive Industries Transparency Initiative ( NEITI), has revealed that the 36 states received N3.95 trillion as total revenues in 2018 but none of the states could fund...