*** Says Buhari inherited salaries and wage
bill of N165 billion every month, now N159 billion
ABUJA- MINISTER of Finance, Mrs. Kemi Adeosun is presently briefing the
Senate, saying that Nigeria as a country cannot afford to rely on oil. The
Minister who is still speaking, started at 12. 05 said that President Muhammadu
Buhari’s government inherited salaries and wages of N169 billion and now
reduced to N159 billion.
According to her, a total of N247.7 billion has so
been released as capital expenditure, with plans to release N70 billion very
soon, adding that the government will continue to release as soon as the
nation’s stimulus improves. The minister told the Senate that all the releases
are cash backed as a priority of government. Senators are at the moment asking
her questions.
Source: Henry Umoru & Joseph
Erunke
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