By Ukpono Ukpong The Federal Government has taken steps to further reduce the infrastructure deficit in the country. This is as the Vice President, Yemi Osinbajo, formally inaugurated the National Council on Infrastructure yesterday during a virtual meeting. The Vice President said that the
President Muhammadu Buhari presented the 8.612 Trillion Naira 2018 Appropriation Bill to the National Assembly a week ago. A breakdown of the budget as presented reveals the following: a. Recurrent Costs = N3.494 trillion; b. Debt Service = N2.014 trillion; c. Statutory Transfers = N456 billion; d. Sinking Fund = N220 billion (to retire maturing […]