Posted on Thu 30 Nov 2017, 09:47 AM

20 new road construction projects across the country will cost an estimated N13.4 billion, the 2018 budget document has shown.

The federal government allocated a total of N555.99bn to the ministry of power, works and housing, the highest in the budget.

Out of that amount, N295bn has been earmarked for key capital projects, to fund road construction, expansion and maintenance across the country.

Of the twenty new roads, N1.4bn was set aside for reconstructing the second phase of Apapa-Oshodi Expressway.

Below is the list of the roads and their projected cost

Posted on Thu 30 Nov 2017, 04:40 AM

President of the senate, Bukola Saraki, has expressed concerns that the federal government might be exposed to sabotage from within.

While reacting to the debate of the 2018 in the senate and the benchmark on which the proposal is hinged, Sen. Saraki said he sometimes wonder "if technocrats want to embarrass government."

“This year we only did 1.9 million barrels per day and the budget is predicated on 2.3 million, the concern is how realistic is that going to be.

Posted on Sat 11 Nov 2017, 05:53 PM

Amid commendations for its timely submission, experts have identified flaws in the 2018 Budget submitted to the National Assembly by President Muhammadu Buhari on Tuesday.

The senior economist, SPM Professionals, Paul Alaje, told PREMIUM TIMES on Wednesday that one of the areas the government did well was its spread of projects to all geo-political zones, saying more of this should be encouraged to give every section equal sense of belonging.

But, Mr. Alaje was not happy over the government’s allocations to education and health sectors, describing them as disappointing.

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