Why FG expenditure fell to N781bn in August – MPC members

3 months ago 34

The Federal Government’s expenditure fell by 18.76 per cent to N781.61bn in August as a result of compression in capital spending relative to their budget. A member of the Monetary Policy Committee, Prof. Adeola Adenikinju, disclosed this in his presentation at the last MPC meeting which was released by the Central Bank of Nigeria on…

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