Nigeria recorded a gross revenue of N2.309tn in the first quarter of 2019. The figure dropped by N398 billion when compare to the previous quarter
That amount was 30.5 percent lower than the quarterly budget estimate of N3.321 trillion.
The total statutory and Value Added Tax (VAT) revenue allocation to the three tiers of government in Q1 of 2019 amounted to N1.782 trillion, compared with the quarterly budget estimate of N2.829 trillion.
