How N3.85trn Capital Budget’ll Be Spent — Finance Minister       The Federal Government is to spend an aggregate sum of N3.85 trillion on capital projects in the 2021 budget which represents N1.15 trillion higher than the 2020 provision of N2.69 trillion. At 29 percent of aggregate...

40% Budget Must Go To Capital Projects - Reps   A bill seeking to make it compulsory for the Federal Government to allocate 40 per cent of funds to capital expenditure in the national budget for 10 years passed the second reading at the House of...

FG Releases N650bn For Capital Projects, Road Repairs   The Federal Government said on Wednesday that road construction and repairs under the Ministry of Works and Housing were a major beneficiary of N650bn so far released for capital projects in the 2019 budget. It also named the...

43 Days After Budget Assent, FG Yet To Fund Capital Projects   forty-three days after the 2019 budget was signed into law by President Muhammadu Buhari, the Federal Government has yet to release funds to Ministries, Departments and Agencies for the implementation of capital projects. Buhari had...

Over N4.33trn Released For Capital Projects In 3 Years, FG Discloses The Federal Government has released over N4.33tn in the last three years to Ministries, Departments and Agencies of government for the implementation of capital projects. The Minister of Budget and National Planning, Udo Udoma, gave...

2017 Budget: N1.2tn Released For Capital Projects, Says DMO A total of N1.2tn was released between July and December 2017 to fund capital projects in the 2017 budget, the Debt Management Office said on Tuesday. In a statement made available to our correspondent in Abuja, the...