FG Recorded ₦2.66trn Fiscal Deficit In Q2

The federal government posted a fiscal deficit of ₦2.66 trillion in the second quarter of the year, according to Budget Office of the Federation (BoF).

Data contained in the Second Quarter and Half-Year 2025 Budget Implementation Report (BIR) by the BoF, noted that the deficit was financed through domestic borrowing in the quarter under review.

Total federal government revenue was put at…