The federal government has so far released the sum of ₦995.665 billion for capital expenditure, to implement the 2020 revised budget...
The federal government has so far released the sum of ₦995.665 billion for capital expenditure, to implement the 2020 revised budget.
According to her, “Under the revised 2020 budget, the government appropriated the sum of ₦1. 347 trillion for capital expenditure. Mr. President directed the release of 50 percent of this amount during the signing of the revised budget before the end of July 2020. The total capital releases to date is ₦995.665 billion, including Sukuk.”With the release of the ₦162.
The issuance of the third Sukuk she said has enabled the federal government to raise the sum of ₦362.577 billion, “for the rehabilitation and reconstruction of roads projects across the six geo-political zones of Nigeria.
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