Nigeria: 2016 Budget Crisis - How 386 Fresh Projects Were Inserted in Agric Ministry Alone

18 April 2016

The move by the present administration to make the agricultural sector its main focus against the backdrop of dwindling oil revenue appears to have suffered a setback as fresh revelations have shown a drastic reduction in the 2016 budgetary allocation for the sector by the National Assembly.

Besides the ministry's initial N40.918 billion budget proposal that was reduced to N31.618 billion by the National Assembly, the lawmakers allegedly also inserted fresh 386 projects worth N12.6 billion.

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