Fidelity bank banner Camano banner
2016 Budget: FG to commence capital release by Friday

By News Express on 12/05/2016

Views: 1,941

The Minister of Budget and National Planning, Senator Udo Udoma, has announced plans to commence the release of funds for capital expenditure beginning from Friday for the implementation of the 2016 budget.

Senator Udoma made this confirmation while speaking during the 2016 budget breakdown in Abuja.

He said that the budget would run until the end of May 2017.

He added that there are plans by the Federal Government to ensure that the 2017 budget is passed before December 31.

Meanwhile, the Minister of State for Budget and National Planning, Ms Zainab Ahmed, explained that there is a 500 billion Naira appropriation for special interventions targeted at improving the lives of Nigerians at all levels. (Channels TV)

•Photo shows Budget Minister Udo Udoma.

Source News Express

Posted 12/05/2016 9:37:04 PM





You may also like...
Asiwaju Tinubu, what did Buhari promise you this...

Brexit: Ministers desert Theresa May

New CEO vows to reposition Anambra radio and...

NFF woos Enyeama, Emenike to return to Super...

Election postponement a ploy to derail democracy —Rivers...

9-year-old boy shoots sister dead over video game...

Omo Sexy wins best actress award

BREAKING: Passenger plane loses contact with control tower,...

2019 presidency: God will decide for me: Sheriff...

Lagos, Kaduna, Edo lead in foreign debts

Soldiers kill vigilante chairman, rights group demands probe...

Renewable energy will boost telecommunications, says NCC


Latest News BREAKING: Court sacks Osun Governor, declares ‘Dancing Senator’ Ademola Adeleke winner US scores Nigeria’s 2019 elections low Wamakko loses brother 48 hours to Sokoto governorship rerun Suspected herdsmen kill lecturer after Enugu peace meeting Rivers Poll: Why we stopped collation of results — INEC Imo Deputy Governor's aide escapes assassination Family, students in distress as abductors hold on to Buhari’s prayer warrior Niger Government to buy 64 new buses for state transport firm, approves expansion of Baro Port Rerun Election: Police restrict movement in Kano Plateau Guber Rerun: I need only 2,000 votes to beat Useni, says Lalong Talcum powder causes cancer? Stanbic IBTC manager, accomplice docked for N24m fraud


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (460,983 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (410,455 views) Shameless Genevieve Nnaji exposes breasts in public (346,427 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (297,280 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (261,592 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (236,505 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (222,619 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (204,320 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (192,673 views) 10 cars more expensive than Jets (177,467 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (176,918 views) Lagos plane crash: Journalist releases victims’ names (175,779 views)


NLNG call for entries

CBN banner


Categories Advertorials (3) African Press Organisation (81) Art & Literature (81) Business & Economy (4,095) Business Verdict (60) Columnists (1,007) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (598) Features (725) Global Business Monitor (327) ICT Monitor (27) International (3,204) Interview (174) Live Commentary (28) Love Matters (153) Maggie's Blog (194) News (44,109) Opinion (1,205) Pidgin (17) Politics (10,299) Religion (961) Sports (1,926) Stock Watch (39) AMA & Al Jazeera Global Update





APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera