Sunday, October 17, 2021

FG Says Implementation of national development plan to gulp N350tn



The Federal Government has said that the 2021 National Development Plan for infrastructural projects in the next five years will gulp N350tn.

Minister of State for Finance, Budget and National Planning, Clem Agba, disclosed this on Wednesday at a media briefing ahead of the 27th Nigerian Economic Summit scheduled between 25th and 26th October.

He also said the private sector will contribute a total of N300tn between 2021 and 2025,

while saying that states and the Federal Government will contribute N50 trillion, with FG bringing N30 trillion while states will contribute N20 trillion.