Home Economy 2016 capital spending reaches record N1 trn—Adeosun

2016 capital spending reaches record N1 trn—Adeosun

by Business News Report

Capital released to ministries, departments and agencies of the federal government under the 2016 budget has reached a record N1 trillion the finance minister Mrs Kemi Adeosun said on Sunday.
Mrs Adeosun further said “With the current stability in the oil price and the return of normalcy in Niger Delta, I am sure we will do more this year 2017,” She said that the 2016 capital spending was the “highest so far in the history of this country”.

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