The little percentage assigned to the capital component of the
nation's yearly budget has been linked to the wide gap between a few
rich individuals and the poor masses.
Professor Gibson Francis Okorafor of the Department of Project
Management, Federal University of Technology, FUTO, Owerri, stated
this when he delivered the 26th Inaugural Lecture of the institution.
"The little percentage assigned to the capital component can provide
an insight into the wide gap between a few rich individuals and the
poor masses of the country," the don said.
He said the improvement of the welfare of Nigerians will, to a large
extent, depend on the share of the capital component of the budget and
its efficient management.
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