Federal Government Yet To Fund Capital Projects 43 Days After Assent - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
July 11, 2019
The Federal Government is yet to release funds toMinistries, Departments and Agencies for the implementation of capitalprojects, forty-three days after the 2019 budget was signed into law byPresident Muhammadu Buhari.
Buhari had on 27th May, signed the 2019 budget of eightpoint nine, one trillion naira, made up of capital expenditure of two point,zero nine trillion naira, recurrent expenditure of four point zero seventrillion naira, statutory transfers of five hundred and two billion naira,fiscal deficit of one point ninety two trillion naira and special interventionof five hundred billion naira.
Top officials of the government who pledged anonymitysaid  that no amount had been releasedfor funding of capital projects contained in the 2019 budget.ꥲ\�\2}�a3�