FG’s Deficit Spending Increase by 11% to N7.88trn   The Federal Government recorded an 11 per cent, year-on-year, YoY increase in deficit spending to N7.88 trillion in seven months, from January to July, from N7.13 trillion in the corresponding period of 2022. The rise in deficit spending...

Fed Govt’s Deficit Spending Rises By 51% To N5trn   The deficit spending of the Federal Government, FG, rose by 51 per cent, year-on-year, YoY, to N5.1 trillion in seven months to July 2021, driven by rising non-discretionary spending on security and COVID-19 mitigation measures. The rise...

FG’s Deficit Spending Rise By 144% To N609bn   The deficit spending of the Federal Government rose sharply by 144 per cent, YoY, to N650 billion in the first two months of 2020 from N250 billion in the corresponding period of 2019. Disclosing this in its monthly...