{"id":16095,"date":"2017-08-01T16:03:11","date_gmt":"2017-08-01T15:03:11","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=16095"},"modified":"2017-08-01T16:03:11","modified_gmt":"2017-08-01T15:03:11","slug":"fg-releases-n268-27-billion-power-roads-housing-2016","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/","title":{"rendered":"FG releases N268.27 billion for power, roads, housing in 2016"},"content":{"rendered":"<p>Whooping sum of N268.27 billion was released by Federal Government for the implementation of various projects in the Power, Works and Housing sector in the 2016 fiscal year. The amount released reflects 63.44 percent of the total sum of N422.900 billion appropriated for the sector, leaving a balance of N154,628,527,315 (36.56 percent) of the total budget.<\/p>\n<p>According to the document, out of the N260,082,997,389.84 approved for Works&#8217; sector, the sum of N198.300 billion was released leaving a balance of N61,782,997,389.84. From the sum of N91,257,561,006.16 approved for Power sector, the sum of N36 billion, leaving a balance of N55,257,561,006.16. The sum of N33,971,472,685 appropriated for the Housing sector, out of total sum of N71,559,441,604, leaving a balance of N37,587,968,919 yet to be cash-backed due to dwindling revenue generated for the year 2016.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>The information was contained in the document submitted by Babatunde Fashola, Minister of Power, Works and Housing while giving update on the status of the funds released for implementation of the critical projects for the year under review.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Whooping sum of N268.27 billion was released by Federal Government for the implementation of various projects in the Power, Works and Housing sector in the 2016 fiscal year. The amount released reflects 63.44 percent of the total sum of N422.900 billion appropriated for the sector, leaving a balance of N154,628,527,315 (36.56 percent) of the total &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":16096,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[714],"coauthors":[2391],"class_list":["post-16095","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-fg"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FG releases N268.27 billion for power, roads, housing in 2016 - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG releases N268.27 billion for power, roads, housing in 2016 - National Wire\" \/>\n<meta property=\"og:description\" content=\"Whooping sum of N268.27 billion was released by Federal Government for the implementation of various projects in the Power, Works and Housing sector in the 2016 fiscal year. The amount released reflects 63.44 percent of the total sum of N422.900 billion appropriated for the sector, leaving a balance of N154,628,527,315 (36.56 percent) of the total &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-01T15:03:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/fashola-babatunde.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/fashola-babatunde.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2017\/08\/fashola-babatunde.jpg\",\"width\":400,\"height\":400},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/\",\"name\":\"FG releases N268.27 billion for power, roads, housing in 2016 - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/#primaryimage\"},\"datePublished\":\"2017-08-01T15:03:11+00:00\",\"dateModified\":\"2017-08-01T15:03:11+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FG releases N268.27 billion for power, roads, housing in 2016\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FG releases N268.27 billion for power, roads, housing in 2016 - National Wire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/fg-releases-n268-27-billion-power-roads-housing-2016\/","og_locale":"en_US","og_type":"article","og_title":"FG releases N268.27 billion for power, roads, housing in 2016 - National Wire","og_description":"Whooping sum of N268.27 billion was released by Federal Government for the implementation of various projects in the Power, Works and Housing sector in the 2016 fiscal year. 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