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The Nigerian federal government says it plans to achieve a 57 per cent revenue collection boost in 2024. The development comes as the country’s apex tax collection agency, the Federal Inland Revenue Service, forecasts revenue to increase 57 per cent in 2024 to 19.4 trillion nairas ($20.3 billion), compared with last year, according to Bloomberg. Accordingly, the report indicated that the government expects N9.96 trillion in tax revenue from oil and N9.45 trillion in non-oil revenue. The agency plans to “carry out internal reallocation from oil to non-oil, given that the budget oil revenue 2024…

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