The Federal Government has raised the target set for Ministries, Departments and Agencies through the payment of operating surplus from 849.97 billion naira to 916.87 billion naira in a bid to secure alternative sources of funding, following the crash in crude oil price. The new amount represents an increase of 7.87per cent over the original projections of 849.97 billion naira. The 916.87 billion naira independent revenue is contained in the revised 2020 budget proposal of 10.27 trillion naira which has been submitted to the National Assembly. Out of the estimated revenue projections of 916.87 billion naira, about 436.94 billion is planned to be realised from 10 of the agencies. Some of these top agencies, according to findings, are the Central Bank of Nigeria, the Nigerian Insurance Deposit Corporation, the National Maritime Administration and Safety Agency and the Nigerian Communications Commission. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices