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N14bn Released For Regional Dev't, But More Funds Needed, Says Minister

Summary by Leadership
The Ministry of Regional Development (MRD) has revealed that only N14.1billion of the N35.2billion approved for its projects in 2023 and 2024 has been released by the Federal Ministry of Finance, raising concerns over funding shortages. During a ministerial briefing in Abuja, the Minister, Engr. Abubakar Momoh, alongside the Minister of State, Uba Maigari Ahmadu, emphasised that the amount released remained grossly inadequate to address critical…
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N14bn Released For Regional Dev't, But More Funds Needed, Says Minister

The Ministry of Regional Development (MRD) has revealed that only N14.1billion of the N35.2billion approved for its projects in 2023 and 2024 has been released by the Federal Ministry of Finance, raising concerns over funding shortages. During a ministerial briefing in Abuja, the Minister, Engr. Abubakar Momoh, alongside the Minister of State, Uba Maigari Ahmadu, emphasised that the amount released remained grossly inadequate to address critical…

·Abuja, Nigeria
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Leadership broke the news in Abuja, Nigeria on Friday, February 21, 2025.
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