 The Minister of Finance and Coordinating Minister of the Economy, Wale Eidun, has said the country cannot rely on borrowing to fund the 2024 budget. He said the nation must make necessary sacrifices to generate adequate revenues to reduce its current high deficit financing. The minister has stated these during the public presentation and breakdown of the approved 2024 budget. But in order to stabilize the Nigerian economy for rapid inclusive growth, there is going to be less reliance on borrowing. The budget deficit is being brought down from about 6.1% of GDP to 3.88% of GDP. That's a huge change in direction from unlimited and limitless borrowing to focusing on revenue expenditure management to give value for money with expenditure and to raise revenue.