• Why N350b for contractors is not yet released – Udoma explains

    Why N350b for contractors is not yet released – Udoma explains

    The Federal Government has blamed slow bureaucracy for the non-release of the N350 billion promised for contractors.Therefore, the Federal Executive Council, (FEC) yesterday directed the ministries departments and agencies (MDAs) to work towards quickening the process, so that they could start drawing from the money, which has been unaccessed.

    Minister of Budget and National Planning, Senator Udoma Udo Udoma, who explained this during a briefing of State House correspondents after the FEC meeting, said the funds were still waiting to be […]