Nigeria: CBN - Govt's Revenue Dropped to N845.14 Billion in February

15 July 2020

Nigeria's federally-collected revenue fell by 11.3 per cent to N845.14 billion in February, compared with the N952.49 billion recorded the previous month, the Central Bank of Nigeria (CBN) has said.

The CBN, in its monthly economic report for February that was posted on its website yesterday, noted that at N845.14 billion, the estimated federally-collected revenue (gross) in February also fell below the monthly budget estimate of N1.246 trillion by 32.2 per cent.

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