President Muhammadu Buhari made this known while presenting 2017 budget estimates before the joint session of the National Assembly, saying that the amount would represent the counterpart funding for the Lagos-Kano, Calabar-Lagos,Ajaokuta-Itakpe- Warri railway, and Kaduna-Abuja railway projects.
He disclosed that N50billoin had been set aside as Federal Government’s contribution for the expansion of existing, as well as the development of new, Export Processing and Special Economic Zones.
According to him, this will further enhance the development of some agriculture and mining sector thereby bringing in more investments and creating more jobs, saying that N20 billion has been voted for the revival of this programme.
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