The Federal Government has identified the expected sources of revenue to fund the N11.86 trillion budget proposed for the 2021 fiscal year, the Minister of Finance, Budget and National Planning,The minister who spoke during the presentation of the draft 2021–2023 medium-term expenditure framework and fiscal strategy paper , also spoke on the performance of the 2020 Budget between January and May.
Also, unspecified revenues would be expected from the dividend payment by the Nigeria LNG on the federal government equity holding in the multi-billion dollar investment. The realised revenue, the Minister noted, was below the revised target by about N1.14 trillion, or 44%. Although about N80.38billion was expected to be earned as the federal government’s share of dividend from the Nigeria LNG, the amount was revised to N33.49 billion. But, the revenue is yet to be realized.
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