Mr Ononuju, who was a guest on Channels Television’s programme, Sunrise Daily, said: “This is a much better budget as a proposal of intent than the last one we had. In this, we’ve been able to reduce our exposure to recurrent expenditure. We actually brought it down from the former 72 percent to now 68 percent.”
The economist said the reduction of recurrent expenditure will help release more money for capital expenditure. He said those in government need to ‘put something in for those who voted politicians into place.’
BusinessNews
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