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FG, World Bank Disagree on N54.9tn Budget Viability

The World Bank has flagged Nigeria’s N54.99tn 2025 budget as overly ambitious, warning of likely shortfalls and a possible return to CBN’s Ways and Means financing. It questioned oil output and revenue assumptions, urging deeper reforms, removal of electricity subsidies, and fiscal discipline. Budget Minister Abubakar Bagudu disagreed, calling the projections modest and aligned with […]