Senate to address N11.03 trillion deficit through Finance Amendment Act

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The Nigerian Senate said it would address the 2023 budget deficit of N11.03 trillion through the amendment of the relevant provisions of the Finance Act.

This was made known by the Senate Committee on General Services, Senator Sani Musa, stressing that they will dwell on areas of making the various revenue generating agencies to triple their targets as will be handed over to them by the parliaments.

He said: “The budget of this country has been in deficit, and the only thing we can do is to amend so many things in the Finance Act, so that we can be able to generate more revenues from other sources rather than depending on oil alone and by extension, reduce the size of the proposed budget deficit.

“The FCT that is doing this Job, have been up and doing, but we need to push, they need to do more so that we will be able to resume as quickly as possible”.

 

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It will never be well with you guys,you guys have that kind of money in one person account while some are there in the street without food😭😭😭😭😭😭😭😭😭😭😭......

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