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JUST IN: FG slashes 2020 budget

The Federal Government has sent a revised budget to the National Assembly , cutting down some costs in view of the coronavirus pandemic in Nigeria .

A top source in the National Assembly shared a copy of the revised 2020 budget , noting that a meeting was ongoing between the leadership of the National Assembly and the Minister of Finance, Zainab Ahmed , and the Group Managing Director of the Nigerian National Petroleum Corporation , Mele Kyari.

Part of the documents showed that there is a 20 per cent cut on capital projects across ministries, departments and agencies to the tune of N312 , 820 , 542 , 675 .

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