Finance Ministry Budgets N130.5bn For 'Special' Interventions In 2022

Meanwhile, the Federal Ministry of Works and Housing has said it will spend N2.27 billion on construction of an unspecified number of classrooms in undisclosed environment.

Whereas the federal government already made specific provisions for named roads and erosion control in zones of the country, the ministry is seeking to spend another N1.57 billion on construction of road and erosion control in North Central, North East and North West. Reviewing the 2022 federal appropriation bill parameters and key issues yesterday, lead director of the Centre for Social Justice, Eze Onyekpere, said most of the budgetary proposals appear like slush funds for unknown purposes.

An NGO, Citizens Wealth Platform , said the government’s expected revenue of N2.915 billion from minerals and mining is grossly underestimated.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigerian Army decries reduction in 2022 budget by finance ministryThe Nigerian Army has lamented the reduction of its budget from N710 billion earlier proposed to N579 billion in 2022. The Chief of Army Staff, Lt. Because of the state of insecurities and the relentless efforts by the military to keep the nation secure , their budget should be doubled , this is the most dangerous era to become a military personal in Nigeria because of the Ambush strategy of the enemies
Source: DailyPostNGR - 🏆 11. / 59 Read more »