2016 BUDGET: FG GIVES BREAKDOWN OF IMPLEMENTATION

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The Federal Government says it will spend the sum of N93.1 billion to feed school pupils and students in 2016. Government will also plan to spend N35.6 billion to construct over 1,900 blocks of 7,068 of housing units in the Six Geopolitical Zones and the FCT. Minister of Budget and National Planning, Senator Udo Udoma stated this Thursday during the presentation of the overview of the 2016 budget and its strategic implementation plan.

Since it was signed into law last Friday, Nigerians have been anticipating how the budget will be implemented. This review is platform for the federal government to breakdown the implementation of the 2016 budget. According to the Minister Of Budget and National Planning, Udo Udoma, the Federal Government will spend the sum of N13 billion on the concession of second Niger bridge and N40 billion on section 1 of the Lagos – Ibadan expressway.

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