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The minister of finance Zainab Ahmed said the Federal Government plans to achieve a revenue-GDP ratio of 15 percent from 2023.
This means the country has raised by three times its revenue-to-GDP ratio, which currently stands at 8 percent, Zainab Ahmed said on Tuesday at Deloitte 2020 Economic Outlook conference holding in Lagos. Ahmed believes this would be achievable, with the Finance Bill accompanying the Appropriation Bill going forward.
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Reporting for Galaxy TV from Lagos and Abuja, covering energy and national affairs across Nigeria and West Africa
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The figure represents a 2.3 per cent decline from N900.8 billion recorded in the corresponding period of 2025.
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