Nigeria’s spending structure unsustainable – DG Budget

Nigeria’s current trend of spending more money on running the government than on building new infrastructure is unsustainable, Ben Akabueze, director-general of the Budget Office said yesterday. Low revenue collection and high recurrent costs have resulted in actual capital expenditure below two trillion naira ($4.88 billion) a year for a decade, Ben Akabueze, director-general of the Budget…

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