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2019 capital budget releases now N650 billion - Finance minister

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The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Wednesday, disclosed that about N650 billion has so far been released for...

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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