Politics
Surpass N18.3trn Revenue Target For 2024, Senate Tells Revenue Generating Agencies
The Senate, through its Committee on Finance, has tasked the various revenue generating agencies to surpass the target of N18.324 trillion set for the 2024 fiscal year.
President Bola Tinubu had last month, presented to the joint session of the National Assembly, N27.503 trillion as total projected expenditure for 2024 fiscal year, out of which N18.324 trillion is set as targeted revenue while N9.18 trillion is deficit, to be financed by internal and external borrowings as well as proceeds from privatisation.
In assessing the preparedness of the agencies ahead of the task, the Finance Committee headed by Senator Mohammed Sani Musa (APC Niger East), had a separate interface with them in the just ended week, telling them not only to meet up with projected revenues targeted for them but surpassed them.
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