The Federal government has released N460 billion capital budget to date.
The Minister of Budget and National Planning, Senator Udoma Udoma, gave the figure in an interview on the sidelines on the on-going International Monetary Fund (IMF) and World Bank Annual Meetings in Bali, Indonesia.
He said that the executive has been waiting for the National Assembly to pass to approve the 2018 Borrowing Plan.
According to him, once the borrowing plan is approved by the National Assembly, there would be a quick roll out of more funds for capital projects across the country.
Click to signup for FREE news updates, latest information and hottest gists everydayThe Minister of Budget and National Planning, Senator Udoma Udoma, gave the figure in an interview on the sidelines on the on-going International Monetary Fund (IMF) and World Bank Annual Meetings in Bali, Indonesia.
He said that the executive has been waiting for the National Assembly to pass to approve the 2018 Borrowing Plan.
According to him, once the borrowing plan is approved by the National Assembly, there would be a quick roll out of more funds for capital projects across the country.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com