Akwa Ibom State Prioritises Infrastructural Development with 63% Capital Expenditures

The Nigeria Extractive Industries and Transparency Initiative (NEITI) audit report shows that Akwa Ibom State spent a total of NGN947 billion out of NGN1,515 billion of her total revenue on capital expenditure for a period of five years i.e. 2012 – 2016. This accounts for 63% of the total revenue accrued to the state within the specified period.