The Senate President, Ahmad Lawan, has revealed that the Upper Legislative Chamber will turn the heat on various revenue-generating agencies for adequate revenue to fund the implementation of the N21.83tn 2023 budget.
He noted, “Enormous revenue being lost through tax waivers will also be looked into in terms of reviewing the policy or calling for its revocation.
“We can’t continue with that. So for us at the Senate, we have decided that for the remaining part, we will continue to engage revenue-generating agencies until we get better outcomes from them. He added that Nigeria had no reason to be poor to the scaring level of having 133 million of her citizens living below the poverty level as recently declared by the National Bureau of Statistics.
He posited that if diversification into areas like livestock, which has N33trillion potential investment, is made by the Federal Government, the disturbing poverty level will change for prosperity.
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