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Higher Revenue, Weak Projects: States Struggle With Capital Budget Execution
Summary by The Whistler Nigeria
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Higher Revenue, Weak Projects: States Struggle With Capital Budget Execution
…C/River Records 5% Capital Budget Performance, Imo 8%, Borno 12% …8 States Execute Less Than 20% Of Capital Budgets President Bola Tinubu’s claim that Nigeria’s economy is stabilising and public revenues are strengthening is facing a fresh test, as second-quarter budget implementation reports showed that many states are still recording weak capital expenditure despite increased allocations from the Federation Account. Tinubu had said at an even…
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