Home | Pages
UPLOAD SONG | ADVERTISE | CONTACT US
« We’re Deploying Political Means To Lobby For Nnamdi Kanu’s Release – Kalu | Why Is Bayo Onanuga, Reno Omokri, Daniel Bwala Only Attacking Peter Obi? Was He The Only One Who Challenged Tinubu In The 2023 Elections – Solomon Dalung Asks »
Posted by Lawal Munirst on April 3, 2024 0
President Bola Tinubu has given a nod to the FCT’s statutory budget of over N1.1 trillion, for the fiscal year of 2024.
The FCT minister, Nyesom Wike, announced this news during a media chat at his office in Abuja on Tuesday.
He expressed his satisfaction with the president’s assent and highlighted that the budget will have a positive impact on infrastructure development, healthcare facilities, and the rehabilitation of schools in the FCT, among other areas.
This development follows the successful passing of the FCT appropriation bill in the Senate last month.
A detailed breakdown of the N1.1trn budget reveals that N280 billion has been allocated for overhead expenses, N726bn for capital projects, and N140bn for personnel, resulting in a total budget of N1.147tn.
Earlier at the Senate, the bill’s sponsor and Senate Leader, Opeyemi Bamidele, took charge of the discussion by emphasizing that the appropriation bill carefully considered the FCT administration’s revenue and expenditure forecasts, which align with the federal government’s fiscal and developmental policies.
Name
Email
Comment
Δ
Go Back To The Top