The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Wednesday, disclosed that about N650 billion has so far been released for capital projects in the 2019 budget.
According to her, the figure had already surpassed the N600 billion President Muhammadu Buhari directed to be released as at October, 2019. Despite the government facing revenue challenges, she said that works, housing, power and transportation have so far received the highest releases.“Works is always on the priority list; housing is always funded, same is transportation and power, though we have revenue challenges”, she said.
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Why Finance Bill 2019 is crucial to Nigeria’s economic growth - Finance Minister - Premium Times NigeriaThe bill, which President Muhammadu Buhari presented to the National Assembly on October 14, has already passed the second reading at the Senate.
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