Economist Warns of N30 Trillion Revenue Gap Threatening Nigeria's Fiscal Stability

Economist Paul Alaji has raised concerns about Nigeria facing a potential revenue shortfall of N30 trillion, which could push the country towards more debt and threaten its fiscal stability. The government's revenue targets remain unmet, leading to difficult choices such as raising foreign debt or increasing local borrowing.

Finance Minister Wale Edun highlighted major revenue shortfalls in 2025, attributing them to weak oil and gas revenues and underperformance in non-oil revenue collection. The Federal Executive Council recently disclosed a revenue projection of N34.33 trillion for 2026, including contributions from state-owned firms.