22 Dec 2015

The main Capital Expenditure for the 2016 budget

The main Capital Expenditure for the 2016 budget was as follows;
Works - N433.4bn
Transport - N202bn
Special Interventions - N200bn
Defence – N294bn
Non-debt Recurrent Expenditure (salaries & overheads) was slashed by 9% from N2.59tn in 2015 to N2.35tn..........
 
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