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2016 Budget FG to release N350bn to implement provisions

This was disclosed by the Minister of Budget and National Planning, Udoma Udo Udoma on Thursday, May 12 while presenting the budget breakdown at the Presidential Villa.

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President Muhammadu Buhari signs 2016 budget on May 6, 2016 play

President Muhammadu Buhari signs 2016 budget on May 6, 2016

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The Federal Government will, today, May 13, 2016, begin the release of N350 billion which has been set aside for capital projects in the 2016 budget.

This was disclosed by the Minister of Budget and National Planning, Udoma Udo Udoma on Thursday, May 12 while presenting the budget breakdown at the Presidential Villa.

“We’re ready to kick start the implementation of the budget and by tomorrow (Friday), some releases will be made for capital projects that are ready for execution,” he said according to Daily Trust.

The budget was signed by President Muhammadu Buhari on May 6, 2016 after weeks of controversy.

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