Firm plans revenue summit to address debt crises

Owing to a heavy national debt inherited by the present administration, which at the end of June 2023 stood at N87.38 trillion, and a N9.18 trillion deficit in the N27.5 trillion 2024 budget presented by President Bola Tinubu last which with N7.83 trillion of the deficit to be financed by new borrowings, taking the total debt to over N95 trillion, experts have predicted a steep rise in the debt profile due to expanding fiscal deficit and reducing revenue generation.