Experts caution against borrowing as deficit hits N890bn

The Federal Government recorded a deficit of N890.9bn in its fiscal operations within the first four months of this year, figures obtained from the Federal Ministry of Finance indicated. Financial analysts attributed the development to over-reliance on oil revenue and cautioned the government against borrowing. The figures are contained in the Consolidated Income and Disbursement […]

Experts caution against borrowing as deficit hits N890bn

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