Sunday, March 11, 2012

FG Budgets N305 Billion for Niger Delta - South-South States to Spend N1.7 Trillion

Daily Trust
5 March 2012

The Federal Government is planning to spend a total of N305 billion to execute projects in the Niger Delta and run interventionist agencies for the region this year, an analysis of the 2012 budget has shown.

At least 29.6 per cent of region-based Federal projects for the year, valued at about N116.5 billion, will go to the six South-south states which are among the nine Niger Delta states, according to an analysis by a [Northern] House of Representatives caucus.

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