🇳🇬 Nigeria 4d ago · Rilwan Muhammad

W/Bank Report: FG Denies Alleged Diversion of Federation Revenue

Daily Trust Nigeria
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The Federal Ministry of Finance has dismissed claims that a significant portion of Nigeria’s federation revenue is being diverted or concealed, describing such reports as a misinterpretation of the latest Nigeria Development Update released by the World Bank.
The World Bank recently said fuel prices in Nigeria have risen by more than 50 percent since the outbreak of the Iran conflict, a situation it said has intensified inflationary pressures and raising concerns over household welfare.
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