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DAILY BUSINESS NEWS BRIEF – Budget: FG votes N46bn for manufacturing zones



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Budget: FG votes N46bn for manufacturing zones
The Federal Government is planning to spend a total of N46.39bn this year on the construction of special economic zones for the manufacturing sector in all the six geo-political zones in the country.The amount is part of the 2018 proposed budget sent to a joint session of the National Assembly by President Muhammadu Buhari last year.The 2018 budget has a total allocation of N8.61tn made up of N3.49tn recurrent expenditure, N2.43tn capital vote while debt servicing and statutory transfers, among others, will gulp the sum of N2.01tn and N456bn, respectively.Read More…]


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