2021 budget: Minister seeks N11.18bn for industry

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The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Thursday sought the approval of the Senate for the sum of N11.18bn for 2021.

He said the ministry’s budget proposal comprised personnel cost of N3.02bn; overhead cost, N762.81m; and capital budget, N7.40bn.

He pleaded with the committee to approve the sum of N7.3bn proposed for the 2021 budget, saying that the ministry had 83 capital initiatives, made up of 56 ongoing ones and 27 new projects. The minister said the ministry would facilitate credit access to 10 million MSMEs at single-digit rate and promote Made-In-Nigeria products that would bring an increase in industrial productivity, employment generation and reduction in the import of foreign products.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

E good now

Don't worry we will borrow from chad

Na so so Billi Billi our dudes up there they ball on,e be like inflation affect everything sha....God na you still create this country sha.. E be things ..it is what it is.

People that scream expose the government have not taken a clear look at their government. If your government steals, lies, and kills there is nothing left to expose. There is no magical overnight solution, it takes protest, hard work, and people solidarity.

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Fail generation leader

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