BREAKING: FG slashes 2020 budget
Published April 8, 2020
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed
Olaleye Aluko , Abuja
The Federal Government has sent a revised budget to the National Assembly , cutting down some costs in view of the coronavirus pandemic in Nigeria .
A top source in the National Assembly shared a copy of the revised 2020 budget on Wednesday , noting that a meeting was ongoing between the leadership of the National Assembly and the Minister of Finance , Zainab Ahmed , and the Group Managing Director of the Nigerian National Petroleum Corporation , Mele Kyari .
Part of the documents showed that there is a 20 per cent cut on capital projects across ministries , departments and agencies to the tune of N 312, 820 ,542 ,675 .
Details later …
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