L
LequteMan
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Nigeria - The President-elect, Gen. Muhammadu Buhari, has announced that his administration would give priority to capital expenditure in budget as part of efforts to develop the country.
Speaking with newsmen yesterday in Katsina, Buhari complained that "over 90 per cent of Nigerian budget is on recurrent expenditure.
``There must be much money available for capital expenditure to provide more infrastructure in our industries that will attract investments and develop the country,’’ he said.
He said that was because of the relevance infrastructure had in the development of a country.
Buhari said this would assist the nation to realise its dream of becoming among the developed economies in the world.
He said that infrastructure development would also assist to create job opportunities for the teeming number of unemployed youth in the country that were up to 60 per cent.
#Nigeria #Buhari #APC
Speaking with newsmen yesterday in Katsina, Buhari complained that "over 90 per cent of Nigerian budget is on recurrent expenditure.
``There must be much money available for capital expenditure to provide more infrastructure in our industries that will attract investments and develop the country,’’ he said.
He said that was because of the relevance infrastructure had in the development of a country.
Buhari said this would assist the nation to realise its dream of becoming among the developed economies in the world.
He said that infrastructure development would also assist to create job opportunities for the teeming number of unemployed youth in the country that were up to 60 per cent.
#Nigeria #Buhari #APC
