Tag: Capital Budget

  • FG stops capital releases for 2019 budget

    FG stops capital releases for 2019 budget

    The Federal Government has halted further releases for 2019 capital projects to prepare for the implementation of the 2020 budget starting next month. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed made this disclosure in Abuja yesterday at the public presentation breakdown of the 2020 budget. According to Ahmed, “we have been able…

  • 2017 budget: FG, Senate disagree over capital vote

    FG released about 15 percent of the N2.177 trillion voted for capital project Senators warn FG action could cause serious injury to the economy The Senate on yesterday disagreed with the Federal Government over plans to release an insignificant fraction of the N2.177 trillion capital vote in the 2017 budget. This followed a revelation by…