P
ProfRem
Guest
Minister of Budget and National Planning, Senator Udoma Udo Udoma has said a total of N2.5trillion has been released by President Muhammadu Buhari-led federal government out of the N6.06trllion appropriated for the 2016 fiscal year.
Udoma who appeared before the Senate Committee on Appropriations alongside with the Finance Minister, Kemi Adeosun said the releases were made between January and September this year.
He gave the breakdown of the releases as Personnel Cost N1.150trilion, deductions N150billion, Consolidated charges N142.3billion and overhead cost N108.5billion.
Others are Service Wide N135.5billion, statutory transfer N117.8billion and capital N753.6billion.
Udoma who appeared before the Senate Committee on Appropriations alongside with the Finance Minister, Kemi Adeosun said the releases were made between January and September this year.
He gave the breakdown of the releases as Personnel Cost N1.150trilion, deductions N150billion, Consolidated charges N142.3billion and overhead cost N108.5billion.
Others are Service Wide N135.5billion, statutory transfer N117.8billion and capital N753.6billion.
