While Nigerians continue to express their discontent over the economic difficulties resulting from the removal of the fuel subsidy, the Federal Government has revealed that it is grappling with challenges and a revenue deficit exacerbated by the nation’s expanding population.
The Minister of Budget and National Planning, Atiku Bagudu, stated that the government is facing difficulties in meeting its salary obligations. Speaking in Abuja on Friday, the Ministry reached out to non-governmental organizations, urging them to assist the Federal Government in filling the gaps it currently faces.
Bagudu, represented by the ministry’s Director of International Cooperation, Dr. Sampson Ebimaro, decried that Nigeria’s population is fast increasing, adding that unemployment is surging amid a high inflation rate.
“Government faces enormous challenges especially now; the government is facing a revenue deficit. T. is no money anyw. in the country; the government is just managing to pay salaries.
“The growth rate is very slow and the population growth is fast pacing and increasing. Unemployment is surging in the midst of high inflation,” the minister said.
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