FG To Pump N350B Into The Economy——Adeosun

Finance Minister, Kemi Adeosun
Federal government yesterday rose from the two-day economic retreat with a resolution to immediately pump the sum of N350 Billion into the economy as part of measures to stimulate growth and ease economic sufferings in the country.

This is just as government has also resolved to free the N58 bllion currently trapped with the Universal Basic Education Commission to rehabilitate about 1000 Schools across the 36 states of the federation.

Minister of Finance, Kemi Adeosun disclosed this while speaking at the end of the two day economic retreat organized by the federal government which took place at the Presidential Villa, Abuja.

Adeosun who spoke in the presence of Chairman Nigeria Governors Forum and Zamafara Governor, Alhaji Abubakar Yari, Anambra State Governor, Chief Willie Obiano, as well as the Minister of Budget and National Planning, Udoma Udo Udoma, said government was in the process of identifying contractors with ongoing contracts as part of plans to further stimulate the economy.