ADVERTISEMENT
N400 billion has been released so far.
The Federal Government in Abuja on Thursday announced the release of N200 billion for the execution of capital projects for the second quarter of the financial year.
In a statement, the Special Adviser to the Minister of Finance, Paul Nwabuikwu, said the money was in addition to N200 billion released in the first quarter.
Mr. Nwabuikwu said that N400 billion had been released so far and that the other approved appropriations in the budget would follow accordingly.
He said the release showed the determination of the Federal Government to ensure that clear and measurable progress was achieved in the execution of capital projects.
(NAN)
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To advertise here . Call Willie +2347088095401...
![Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2012/11/trading-floor.jpg?resize=120%2C86&ssl=1)
Discussion about this post