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Nigeria Federal Government starts payments for 2024 capital projects

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•The Federal Government of Nigeria initiated payments for capital projects in 2024.
•The target for completing these payments is March 2026.
•The announcement was reported by Punch Nigeria on February 20, 2026.

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▸If the government completes payments by March as planned capital projects could proceed without delay, potentially boosting Nigeria's infrastructure and economy.

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🌍Nigeria

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🏛Federal Government of Nigeria

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AFRICA

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AFRICAPunch (Nigeria)FG begins payments for 2024 capital projects, targets March completion

The Nigerian Federal Government has begun disbursing funds for capital projects planned for 2024, aiming to complete payments by March. This move is important as it could accelerate infrastructure development and stimulate economic activity in Nigeria. Timely funding may also improve project execution and create jobs.