Hurdles for FG, 2024 budget over N10tr deficit, palliatives
• Rising unfunded fiscal deficit threatens 2023 budget implementation • Ministries directed to streamline operation • MDAs freeze new hiring, consider revenue-generating measures • Liquidity crisis worsened as CBN pulls the plug on cheap money • Over N5b monthly wage top-up pushes up payroll burden Ahead of the 2024 budget presentation, President Bola Tinubu’s administration […]
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