HomeBusinessFG revenue rises to N15.7trn in May as Presidency pushes back on...

FG revenue rises to N15.7trn in May as Presidency pushes back on resignation calls

The Presidency, on Monday, described Peter Obi’s call for President Bola Tinubu’s resignation as “not only misplaced but also reflective of a selective and distorted view of Nigeria’s realities since 2023″, adding that rather than declining, Nigeria’s economy is on an upward trajectory, with over N15.7 trillion realised as revenue as at May this year.

Peter Obi, in his assessment of Nigeria’s economy, painted a gloomy picture of decline and concluded that “We are in the worst possible condition.”

But the Presidency said this view ” ignored verifiable data and global plaudits for President Tinubu’s economic and social policies”

Presidency, while providing details of President Tinubu’s performance since 2023, noted that Tinubu “inherited what another successor of Peter Obi described as ‘a dead horse economy.’

“When he came on board in May 2023, President Tinubu introduced bold, courageous policies that his predecessors had shied away from. Since then, the Nigerian

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