Fashola’s Ministry Receives Highest Allocation in 2018 Budget


The Federal Government of Nigeria has proposed a budget of N555.88 billion for the Ministry of Power, Works and Housing in the 2018 budget, Daily Post reports.

The ministry is headed by Mr. Babatunde Raji Fashola. Buhari made this disclosure while presenting the 2018 budget at the National Assembly on Tuesday.

Buhari said, “To consolidate on the momentum of the 2017 Budget’s implementation, many ongoing capital projects have been provided for in the 2018 Budget. This is in line with our commitment to appropriately fund ongoing capital projects to completion.”

“By allocating 30.8 percent of the 2018 Budget to capital expenditure, the Federal Government is also demonstrating its strong commitment to investing in critical infrastructure capable of spurring growth and creating jobs in the Nigerian economy,” he added.

Source: Energy Mix Report

(Visited 107 times, 5 visits today)

Powered by Nextier