FG to spend N900bn on subsidy in 2022
It has been reported that the Federal Government will spend N13.98trillion in the 2022 fiscal year.
This information was revealed by the Minister of Finance Budget and National Planning, Zainab Ahmed, on Thursday during the presentation of the Medium Term Expenditure Framework/Fiscal Strategy Paper for 2022-2024 in Abuja
The minister disclosed that the Federal Government will spend N13.98trillion in the 2022 fiscal year
In 2022, the government said it will slash capital expenditure to N3.61trillion in 2022, from the N4.37trillion approved for 2021.
Story adapted from The Nation
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