SENATE APPROVES N1.8TRN 2025 FCT STATUTORY APPROPRIATION BILL.

The Nigerian Senate has approved a N1.8 trillion budget for the 2025 Federal Capital Territory Administration (FCTA). 

The budget breakdown includes N106 billion for personnel costs, N352 billion for overhead, N502 billion for total recurrent expenditure, and N1.3 trillion for capital expenditure.

The Senate Committee Chairman on FCT, Senator Bomai Ibrahim, noted that the budget structure aligns with best practices, with 72.31% allocated to capital expenditure and 27.69% to recurrent expenditure, adding that 85% of the capital budget is dedicated to ongoing projects, with 15% for new projects.

Contributing, the Deputy Senate President, Senator Barau Jibrin, commended the FCTA leadership for their efforts in infrastructure development and urged the Senate to support the minister and his team by approving the budget. 

Thereafter, the Senate passed the 2025 FCTA statutory appropriation bill, demonstrating its commitment to improving the administration of the Federal Capital Territory.