2016 Budget: FG Says Release Of Funds For Capital Projects Begins Friday
[caption id="attachment_8258" align="alignnone" width="660"]Senator Udo Udoma[/caption]
Senator Udo Udoma[/caption]
The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday, said that the Federal Government will on Friday, commence the release of funds for capital projects that are ready for execution.
Senator Udoma made the announcement while speaking during the 2016 budget breakdown in Abuja.
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He said the fund, which will be released by the Ministry of Finance would be made available to finance projects that are ready for execution.
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The minister said, “We are 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.”
