Following the massive revenue shortfall of N4 trillion through indiscriminate waiver by government agencies, the National Assembly Joint Committee on Finance has constituted a special committee to probe this development.
This follows a motion moved by Senator Adamu Aliero during the hearing to probe the revenue profiles of Ministries, Departments, and Agencies, MDAs, and Government-Owned Enterprises, GOEs, ahead of the 2025 budget deliberation at the National Assembly Complex on Monday, January 13, 2025.
The hearing was to enable the Senate and House of Representatives committees to develop accurate and realistic revenue projections for 2025.