The Minister of Finance, Mrs. Kemi Adeosun, has said that at the end of
September, N3.9tn out of the N6.1tn budgeted for the year has been
released.
The Director Special Projects in the ministry, who represented the
minister, Mr. Mohammed Dikwa, a stakeholders’ forum on reducing the cost
of governance in Abuja on Tuesday said only 18 per cent of the releases
was for capital expenses against 82 per cent for recurrent expenditure.