Figure 1 Zainab Ahmed, Minister of Finance, Budget and National Planning
As the effect of covid-19 pandemic on global economy bites harder, Nigeria is not exempted, the economy hugely financed from sale of crude continues to face an unsustainable long-term fiscal decline based on the imbalance between paucity of revenue and large deficit spending. While this is the reality, both spending and revenue imbalance can get worse with unfettered corruption and poor fiscal policy decisions.
