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What are the projects to be implemented and are they captured in the Medium-Term Expenditure Framework?” Responding, Sadiya Farouq said her ministry was surprised that the fund meant to implement projects for the North East Development Commission (NEDC) was inserted in the budget after a similar request in 2022 was not released.
She said:“Most of these sums are bilateral or multilateral loans captured in the budget of agencies selected for projects execution for sole purpose of transparency.
“The totality of such loans captured in the proposed budget of the relevant agencies is N1.771trn.” Reacting, the chairman of the committee, Senator Jibrin Barau, said the clarifications made by the minister were well understood..
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