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FG forfeited N16.4 trillion of its revenue between 2020 and 2022, according to coalition of civil society..

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Published (Updated) on Thursday, September 29, 2022
A coalition of civil society organisations has lamented that the federal government forfeited N16.4 trillion of its revenue between 2020 and 2022 despite its huge fiscal deficit.

A breakdown revealed that in 2020, the total forgone tax revenue was N5.6 billion while it was about N5.5 billion in 2021. This year, another N5.3 billion, tax revenue has been forfeited...
Source: guardian.ng..
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