Anambra seeks N70bn from stabilisation fund to finance priority projects

From Isaac Anumihe , Abuja
Anambra State has requested N70 billion from the stabilisation fund to finance its priority projects and other proposed investments across critical sectors of the state’s economy.
Speaking during a technical session in Abuja, Chairman of the Indices and Disbursement Committee of the Revenue Mobilisation, Allocation and Fiscal Commission of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), who is also the Commissioner representing Lagos State, Mr. Olusegun Adekunle Wright, acknowledged the state government’s initiative in presenting its financial challenges to the committee for consideration.
He explained that the stabilisation fund is an i...