Binder1 friday 13, 2016

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Budget: FG releases N350bn for capital projects

lLagos-Ibadan Exp., Calabar-Lagos rail line get N100bn Anule Emmanuel Abuja

T

he Federal Government will, today, be-

gin full disbursement of N350 billion funds for the execution of capital projects captured under the 2016 budget.

Minister of Budget and National Planning, Senator Udoma Udo Udoma, disclosed this yesterday at the presidential villa while

giving a breakdown of the budget. Udoma said “by tomorrow (today) some releases CONTINUED ON PAGE 3

Lagos-Kano rail line = N60bn Kano-Maiduguri road = N13bn Abuja (Idu)- Kaduna rail = N18.3bn Zungeru power project (700MW) = N1.1bn Strategic grazing reserves = N940m

Sanctity Of Truth

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

Friday, May 13, 2016

Niger Delta Avengers threaten to attack oil facilities }42

/newtelegraph /newtelegraph

Vol. 3 No. 814

Kachikwu

FG probes military payroll }12

Adeosun

FIRS shuts NICON Hotel, Insurance over N6.2bn tax evasion }4

@newtelegraph1 www.newtelegraphonline.com @newtelegraph1 www.newtelegraphonline.com

Ibrahim

Six homosexuals arrested in Edo }8

N150

Arase

Protests in Abuja, Ondo, Anambra over fuel hike lNationwide strike looms as NLC, TUC hold emergency meeting }2, 6 & 10 lQueues persist as hawkers flood streets lTinubu, Kalu back policy 1

1. Members of the National Association of Nigerian Students (NANS) protesting in Abuja… yesterday. PHOTO: NAN.

2

3

2. Stranded commuters at Lugbe bus stop in Abuja… yesterday. 3. Hawkers of fuel in the Central Business Area of Abuja … yesterday.

PDP founding fathers, Jonathan's ministers sack NWC ...set up steering committee lSheriff: They’ll face EFCC for their misdeeds }3 WHO recommends rapid treatment for resistant tuberculosis }44


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