The latter seems more credible, especially when considering budget assumptions.”Okeke also pointed to insecurity as a drag on economic activity and revenue generation. “Public and commercial activities in affected areas have been largely disrupted, which limits government revenue and economic growth,” he said. “Chances are really very high that there may be a resurgence of debt service to revenue, as a N30tn revenue gap means a lot,” Alaje said in comments to News Central on Thursday. The revenue – we have met our target of revenue for the whole year; we met it in August. In an effort to boost revenue, the administration has passed the Nigeria Tax Act, 2025, consolidating multiple tax laws into four acts to broaden the tax base.

Source: Punch December 20, 2025 07:41 UTC