The Director-General of the Budget Office of the Federation, Mr Ben Akabueze, says Nigeria’s government expenditure is among the lowest in the world.
Akabueze said this during a chat with journalists and representatives of civil society organisations in Abuja on Friday.
While presenting a breakdown of the 2022 budget proposal which stands at N16.39tn, he justified the Federal Government’s borrowing plan, adding that it was necessary because the government’s revenue was too low.
The Budget Office boss said the expenditure of the federal, state and local…
