Reallocate N113bn Vehicle Budget For Infrastructure, CMAN Tells FG

President of the Chartered Institute of Capital Market Analysts of Nigeria (CMAN), Professor Uche Uwaleke, has called for a strategic reallocation of funds earmarked for the purchase of motor vehicles in the 2025 federal capital budget.

According to Uwaleke, data compiled by his research team reveals that 288 government agencies have budgeted approximately N113bn for motor vehicle purchases in 2025.