Revenue-generating agencies owe FG N9.3tn – NEITI

The Nigeria Extractive Industries Transparency Initiative has revealed that revenue-generating agencies currently owe the government a total sum of N9.3tn in unremitted liabilities.

It said this amount revealed in its 2023 industry report would cover approximately 72 per cent of the Federal Government’s projected budget deficit of N13tn for 2025.

The NEITI Executive Secretary, Orji Ogbonnaya Orji, revealed this at a briefing to update the…