President Bola Tinubu Approves N1.1trn FCT Budget


President Bola Tinubu has endorsed the Federal Capital Territory’s statutory budget of over one point one trillion for the fiscal year 2024.

The FCT Minister, Nyesom Wike, who disclosed this during a media chat at his office in Abuja, expressed delight over the President’s approval

He explained that the budget will have a positive impact on infrastructure development, healthcare facilities, as well as the rehabilitation of schools in the FCT, among other areas.

A breakdown of the budget, indicates that N280bn was earmarked for overhead, N726bn for capital projects, and N140bn for personnel, bringing the total budget to N1.147tn.

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