Minister of Budget and Economic Planning, Atiku Bagudu disclosed this Thursday while briefing State House Correspondents after the FEC meeting presided over by President Bola Ahmed Tinubu. To achieve the estimated revenue, the federal government had also projected oil revenue at N7.68 trn, with government owned enterprises expected to contribute N4.07 trn revenue. This fund will serve as the basis for the revival of long-term mortgage financing in the Nigerian economy. Reacting to the development, the Group Chief Executive Officer, Mr. Mele Kyari, congratulated the Production War Room Team that anchored the production recovery process. He said the interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.
