Nigerian Government Disburses N200 Billion for 2014 Capital Expenditure Despite Non-Passage of Budget

20 February 2014

The Minister of Finance, Ngozi Okonjo-Iweala on Wednesday announced the disbursement of N200 billion as capital expenditure for the first quarter of 2014. The money is for the execution of various projects captured in the 2014 Appropriation Act.

The spokesperson for the minister, Paul Nwabuikwu, said the release of the other 'approved' appropriations in the budget would follow accordingly.

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