BudgIT: Nigerian govt spending in 2023 surpassed revenue by 225%.
BudgIT, a tech-civic and social accountability organization, has said that the Nigerian Federal Government spent 225 percent more than its revenue for the 2023 fiscal year. An analysis by BudgIT of the 2023 fiscal accounts from the Office of the Accountant-General of the Federation revealed that the government spent three times its revenue in 2023,…