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FEDERAL GOVERNMENT RELEASES 460 BILLION NAIRA CAPITAL BUDGET

The Federal Government has released a capital budget of the sum of 460 billion naira to date. 
The Minister of Budget and National Planning, Udoma Udoma, gave the figure in an interview on the sidelines of the on-going International Monetary Fund (IMF) and World Bank annual meetings in Bali, Indonesia. 
He also said that the Executive has been waiting for the National Assembly to pass to approve the 2018 Borrowing Plan. 
According to the Minister, once the Borrowing Plan was approved by the National Assembly, there would be a quick roll out of more funds for capital projects across the country.

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