The N148.7 billion appropriated for the Federal Ministry of Agriculture and Water Resources in the 2010 Budget remained largely unspent as at Saturday February 12, 2011.
The money is said to be with the Central Bank of Nigeria (CBN) while projects suffer across the country.
The implication of this is that the ministry did not execute any capital project during the 2010 financial year.
This shocking revelation was made by the Chairman, House of Representatives Committee on Agriculture, Gbenga Makanjuola ...
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Added February 13, 2011
from Nigerian Compass