FG targets 56 per cent revenue in 2020 from non-oil sources

Nigerian budget deficit is N2.175 trillion for the year 2020 representing 1.52 per cent of the Gross Domestic Product (GDP). Budget deficit is to be financed mainly by borrowings from domestic sources put at N744.99 billion, foreign sources put at N850 billion and multi-lateral/bi-lateral loan draw-downs put at N328.13 billion respectively. In aggregate, 44 percent of projected revenues is to come from oil-related sources while 56 percent is to be earned from the non -oil sources
Guardian