Nigeria’s Non-Oil Revenue Grew Above Target By 15.7% — Minister Of Finance

Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that Nigeria’s non-oil revenue grew to 1.15 trillion naira, representing 15.7 per cent above target rate in response to Federal Government’s efforts at diversifying the nation’s economy.

Zainab made this known virtually at the Institute of Directors 2021 Annual Directors Conference which held physically and virtually in Abuja.

The two-day event is with theme: “Creating the Future: Deepening the Corporate Governance Practice through Multi-Sectoral and Multi-Generational Collaborations”.

She said the development was in line with President Muhammadu Buhari’s administration commitment to further diversifying the Nigerian economy away from oil.

The minister noted that Nigeria was showing resilience in recovery from recession from the ravages of the Coronavirus COVID-19 pandemic which brought challenges to global economies.