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flag Nigeria delays 2024 capital spending as ministries report zero allocations, sparking debt and budget concerns.

flag Nigeria’s federal government plans to start disbursing funds for the 2024 capital budget, with 2025 payments to follow once agencies submit cash plans, according to Finance Minister Doris Anite-Uzoka. flag This comes after multiple ministries, including Interior, Health, and Justice, reported zero capital allocations for 2024 and 2025, crippling project implementation. flag Senate leaders questioned revenue projections, citing a gap between actual performance and estimates, and urged budget adjustments and asset sales to address rising debt costs.

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