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2024

FG capital spending drops by 25% – CBN

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Nigeria’s capital expenditure for the first half of 2024 has declined by 25.3 per cent to N1.99tn, down from N2.68tn in the corresponding period last year. The PUNCH observed that this decline occurred despite the government operating four budgets concurrently. An analysis of data from the Central Bank of Nigeria’s statistical bulletin shows a shift


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