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Nigeria needs N22.7trn to meet 15% revenue-to-GDP target

Share Nigeria is targeting to increase revenue as a percentage of GDP to 15 percent by 2023 from the current level of 6 percent, through a new growth plan, according to Zainab Ahmed, minister of finance, budget and national planning. This is as the government is looking to grow its income stream. Analysts say that this ambitious revenue target would require the government’s blood, sweat and tears if it must be achieved.

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