The Federal Government has said that it has so for released N1tn to its Ministries, Department and Agencies for the implementation of the capital component of the 2016 budget.
The Minister of Finance, Mrs. Kemi Adeosun, who disclosed the figure during a meeting with members of the House of Representatives’ Tactical Committee on Recession in her office in Abuja, stated that the amount was the highest release to be made in the history of the country.
A statement from the Director of Information in the Ministry of Finance, Mr. Salisu Dambatta, on Sunday, quoted Adeosun to have said that the release of the funds would enable the government to achieve its objective of creating jobs and stimulating economic activities.
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