The Federal Government on Monday confirmed the release of $2.62 billion (N995.665 billion) for capital expenditure in the implementation of the 2020 revised budget.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed this while presenting a cheque of the N162.557 billion realized from the 2020 Sukuk issuance to the Minister of Works and Housing, Babatunde Fashola, SAN, in Abuja.
She said the government appropriated the sum of N1.347 trillion for capital expenditure under the revised 2020 budget, adding that with the release of the cheque to the Minister, the amount appropriated for roads projects financed by Sukuk in 2020 budget has been fully released…
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