FG To Release N750bn To MDAs For Capital Projects
The Minister of Finance Kemi Adeosun has disclosed that the sum of N750 billion would be released this week to Ministries, Department and Agencies (MDAs) for the implementation of capital projects in the 2017 budget.
The minister made this known on Monday while speaking at a meeting with a delegation of investors from France.
Adeosun said the government had previously released the sum of N450 billion for capital projects.
She said that with the additional N750 billion, a total sum of N1.2 trillion would have been invested in infrastructure projects.
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