By Adeosun Christiana Pelumi (Siwes student, D.S Adegbenro Polytechnic)
Mrs. Oluwatoyin Madein, the AGF, has raised concerns about the government’s financial situation.
She highlighted a trend of diminishing revenue coupled with escalating expenditures during an interactive session with the House of Representatives Committee on Finance.
Madein urged immediate actions to address this challenge, assuring lawmakers of ongoing efforts to enhance revenue through plugging leaks and exploring new avenues.
The financial landscape reveals a substantial gap between revenue collection and government spending.
Madein emphasized the impact of rising costs and stressed the need for continuous strategies to boost revenue, seeking support from the National Assembly for collaborative efforts.
