FG’s capital expenditure flunks budget target

by | May 16, 2017 2:38 pm

Nigeria’s capital expenditure as a percentage of total spending came to around 11 percent in 2016, less than half of the planned 30 percent as outlined in the year’s budget, according to Central Bank data.   The 12-month total for capital outlays of N0.61 trillion fell short of the planned N1.2 trillion for the said…

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