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.
Currency Outside Banks Sees Massive Surge as N1.6 Trillion Leaves Bank Vaults
Recent statistics from the Central Bank of Nigeria (CBN) reveal a striking increase in the amount of currency circulating outside...