The Federal Government is reiterating it’s commitment to rebuilding the Nigerian economy by implementing the 2016 Budget. Minister of State for Budget and Planning Zainab Ahmed made this know at the Inaugural edition of Nigerian Economic stakeholder’s summit. She says, the primary objective which is to reflate and reposition the economy is aimed at expanding the size of capital expenditure in total budget from less than 10% in 2015 to 30% in 2016.
As part of the effort towards ensuring effective implementation of the 2016 budget, the Minister of State for Budget who is represented by the Director, Micro Economic, says strategic implementation measure are been put in place as a compendium of high level intervention that will facilitate a rebound of the economy.
Adding that, Federal Government is committed to implementing 34 action prints including polices, programs and projects within the next 12months.