N'Assembly Calls for Improved Capital Project Funding in 2024 Budget Proposal.

The National Assembly has criticized Nigeria's government over significant funding discrepancies in the 2024 budget, urging improved capital project funding. The assembly expressed concerns over low levels of fund releases for ongoing capital projects.

The Nigerian National Assembly has expressed its concern over the substantial disparities between recurrent and capital expenditures in the 2024 budget. The assembly criticized the significant discrepancies between allocated funds for both sectors, highlighting a notable imbalance. Furthermore, lawmakers emphasized the need for improved funding releases for capital projects, which have been consistently underfunded in recent years. This criticism underscores the legislature's commitment to ensuring that the country's development priorities are adequately addressed through the budgetary process.