Senate Approves N1.8trn 2025 FCT Statutory Appropriation Bill

The Senate has approved the total sum of N1.8trillion for the 2025 Federal Capital Territory Administration (FCTA) Statutory Appropriation Bill.

This followed the presentation of the report of the Senate Committee on FCT on the bill by Chairman of the Committee Senator Bomai Ibrahim during plenary in Abuja.

Senator Ibrahim in his report said
the Senate and the House Committee on FCT met with the Honorable Minister and other relevant officials of the FCT administration to deliberate on appropriation bill.

The lawmaker said the breakdown of the budget includes personnel cost of N106 billion,overhead of N352 billion, total recurrent was proposed for N502 billion,
While the capital expenditure proposed was N1.3trillion.

Senator Ibrahim explained that the total personal cost constitutes 8.29 per cent of the budget while the total recurrent of the budget constitutes 27.69 per cent adding that the total capital was 72.31 per cent.

James Itodo, Edited By Shakirah Alabi