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Tag "Fiscal deficit"

We borrow to pay salaries… government’s income is challenged, says acting accountant-general

Anamekwe Nwabuoku, acting accountant-general of the federation (AGF), says Nigeria is borrowing money to pay salaries. Nwabuoku said this on Tuesday at a retreat organised by the office of the

CBN: FG recorded N2.23trn fiscal deficit in Q4 2021

The Central Bank of Nigeria (CBN) says the federal government recorded N2.23 trillion fiscal deficit in the fourth quarter (Q4) of 2021. The apex bank said this in its economic

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