Nigerian Government Misses 2025 Revenue Target by ₦30 Trillion, Minister Reveals Revenue Shortfall

The Minister of Finance contradicted President Tinubu's claim of meeting the 2025 revenue target, disclosing a ₦30 trillion revenue shortfall. The Federal Government realized only ₦10.7 trillion against the projected ₦40.8 trillion.

The shortfall was attributed to weak oil and gas earnings, underperforming non-oil revenue components, and borrowing ₦14.1 trillion to bridge the gap. This revelation raises concerns about Nigeria's public finances and its reliance on borrowing to sustain the economy.