
Declining revenue raises FG’s deficit to N1.3trn in Q3’20
By Babajide Komolafe The Federal Government (FG) recorded a 42 percent shortfall in revenue collected in the third quarter 2020 (Q3’20) which resulted in deficit spending of N1.29 trillion during the quarter. The deficit spending recorded in the period represents a slight increase when compared with the N1.25 trillion recorded in Q2’20. Central Bank of […]