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The harsh economic climate, which has resulted in the slowdown of business activities, may have forced the Federal Government to reduce its projected independent revenue from N1.5tn in 2016 to N1.2tn. Independent revenues of government are funds generated by agencies as captured by the Fiscal Responsibility Act of 2007, which stipulates that any government agency […]
FG slashes 2017 independent revenue by N298bn
Source: Business