FG exceeds 2024 borrowing target by N4.79tn amid revenue shortfall
The Federal Government exceeded its 2024 borrowing target by N4.79 trillion after falling short of its projected revenue, according to the latest Budget Office of the Federation report. The Fourth Quarter and Consolidated Budget Implementation Report for 2024 showed that the government borrowed N12.62 trillion during the year. The figure exceeded the approved borrowing target…