The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the second quarter (Q2) 2021 Gross Domestic Product (GDP) is the strongest real GDP growth the country has recorded since Q4 2014.
Nigeria’s Gross Domestic Product (GDP), grew by 5.01 per cent (Year-on-Year) in real terms in the Second Quarter of 2021 (Q2, 2021), marking three consecutive quarters of growth since the recession in 2020
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the review of the revenue allocation formula will be ready for presentation to President Muhammadu Buhari by the end of 2021.
The Federation Accounts Allocation Committee (FAAC) has shared a total of N760.717 Billion July 2021 Federation Account Revenue to the Federal, States and Local Governments Councils.