Nigeria’s Finance Minister has revealed that the Federal Government fell far short of its 2025 revenue expectations, missing the target by as much as 281 percent. The disclosure highlights the serious gap between projected income and what was actually earned during the fiscal period.

According to the minister, several factors contributed to the shortfall, including low oil production, revenue leakages, and weak performance from some government agencies. She explained that despite efforts to boost non-oil income, collections remained far below projections.

The revenue gap, the minister noted, has placed pressure on government spending and borrowing plans. She stressed that the situation underscores the need for stronger reforms, better tax administration, and improved efficiency in revenue-generating institutions.

The Federal Government has now pledged to tighten controls, block leakages, and expand the revenue base to avoid a repeat in coming years. Analysts say addressing the challenge is critical to funding infrastructure, social services, and economic growth.