FG Releases N200bn For Capital Projects In Third Quarter

The Federal Government has released N200 billion for the execution of capital projects in the third quarter of the year, according to a statement issued by the Ministry of Finance.

“The Federal Ministry of Finance has released the sum of N200 billion as capital for the third quarter of 2014,” the statement signed by Mr Paul Nwabuikwu, spokesman to Minister of Finance, Ngozi Okonjo-Iweala, on Friday in Abuja said.

The statement noted that the amount released by the federal government would help to ensure further progress in the execution of capital projects across the country.