FG To Sanction MDAs For Failure To Meet Revenue Target

FG To Sanction MDAs For Failure To Meet Revenue Target

… expects N2.17tn from government enterprises

The Federal Government says it would sanction revenue-generating ministries, departments, and agencies for failure to meet their revenue targets for 2021.

While presenting the 2021 FGN Approved Budget on Tuesday, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said the 60 government-owned enterprises (GOEs) were expected to generate N2.17tn for the government this year.

She expressed worry over the poor performance of most government agencies in revenue generation.

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