Tag: Oil Revenue Gaps

  • Senate Probes Oil Revenue Gaps, N152 Trillion Debt in 2026 Budget

    Senate Probes Oil Revenue Gaps, N152 Trillion Debt in 2026 Budget

    By George Omagbemi Sylvester Abuja — The Senate Committee on Appropriations grilled Finance Minister and Coordinating Minister of the Economy, Wale Edun, on Wednesday over persistent oil revenue shortfalls and Nigeria’s rising N152 trillion public debt in the proposed 2026 Appropriation Bill. Lawmakers questioned why actual oil revenue fell below projections (by 18 per cent…