Nigeria Losing Trillions Annually to Revenue Leakages, Says Agbakoba

Former Nigerian Bar Association President Dr. Olisa Agbakoba has raised an alarm, stating that Nigeria is losing up to ₦20 trillion annually due to revenue leakages, with debt servicing consuming 70% of earnings.

18 May, 18:24 — 18 May, 18:24

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vanguard-ngMixed109d ago

Nigeria losing up to ₦20trn annually to revenue leakages – Agbakoba

…..says debt servicing now gulps 70% of earnings …..faults oil sector financing arrangements, refinery spending By James Ogunnaike, Abeokuta Former President of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba SAN, has raised alarm over what he described as massive structural leakages in Nigeria’s public finance system, warning that the country could be losing as […] The post Nigeria losing up to ₦20trn annually to revenue leakages – Agbakoba appeared first on Vanguard News.

By Urowayino Jeremiah

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Nigeria Losing Trillions Annually to Revenue Leakages, Says Agbakoba

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Nigeria losing up to ₦20trn annually to revenue leakages – Agbakoba

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