The Federal Government has set a target of generating ₦2.5 trillion in independent revenue in 2026.
The acting Executive Chairman and Chief Executive Officer of the Fiscal Responsibility Commission, Charles Abana, disclosed this on Tuesday during a meeting between the Commission’s management and the Secretary to the Government of the Federation, Senator George Akume, in Abuja.
A statement by the spokesman for the Office of the Secretary to the Government of the Federation, Chris Ugwuegbulam, Abana said the target followed the commission’s monitoring of approximately ₦1.84 trillion in independent revenue generated by Ministries, Departments and Agencies as of September 2025.
He said, “Through enhanced monitoring of operating surplus from Government-Owned Enterprises and independent revenue generated by Ministries, Departments and Agencies, the Commission recorded approximately ₦1.84 trillion in monitored independent revenue as at September 2025 and has set an ambitious target of ₦2.5 trillion in independent revenue for 2026.”
He explained that the commission was intensifying efforts to improve transparency in revenue reporting, ensure timely remittance of operating surpluses into the Consolidated Revenue Fund and eliminate revenue leakages across public institutions.
