FG has released N3.9tn of 2016 budget – Adeosun
The Minister of Finance, Mrs. Kemi
Adeosun, has said that at the end of September, N3.9tn out of the N6.1tn
budgeted for the year has been released.
The Director Special Projects in the
ministry, who represented the minister, Mr. Mohammed Dikwa, a
stakeholders’ forum on reducing the cost of governance in Abuja on
Tuesday said only 18 per cent of the releases was for capital expenses
against 82 per cent for recurrent expenditure.
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