1.0New Mail Nigeriahttps://newmail-ng.comAdejoke Adeogunhttps://newmail-ng.com/author/adejoke/Nigeria’s 2018 Capital Budget unrealisable, says Moody's | New Mail Nigeriarich600338<blockquote class="wp-embedded-content" data-secret="twwiBbNaXf"><a href="https://newmail-ng.com/nigerias-2018-capital-budget-unrealisable-says-moodys/">Nigeria’s 2018 Capital Budget unrealisable, says Moody’s</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://newmail-ng.com/nigerias-2018-capital-budget-unrealisable-says-moodys/embed/#?secret=twwiBbNaXf" width="600" height="338" title="“Nigeria’s 2018 Capital Budget unrealisable, says Moody’s” — New Mail Nigeria" data-secret="twwiBbNaXf" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> https://newmail-ng.com/wp-content/uploads/2016/04/Budget-e1494393505492.jpg500344Moody’s Investors Services Limited, one of the leading global rating agencies, has warned that Nigeria’s capital expenditure portion of the fiscal plan in the 2018 budget is unrealisable. Moody’s Senior Analytical Advisor for Africa and the institution’s leading analyst for the region, Aurélien Mali, said only about 50 per cent of the capital expenditure could […]