Reps Approve N61.55bn for FCT Supplementary budget

By Linda Ike

The House of Representatives on Thursday approved N61.55 billion Federal Capital Territory (FCT) supplementary budget for the financial year December 31, 2023.

This is sequel to the passage of the 2023 Supplementary Appropriation Bill for the FCT through third reading at plenary.

It was also followed to the consideration of the report of House Committee on FCT chaired by Aliyu Betara on;”a Bill for
an Act to authorise the issue from the Federal Capital Territory Administration’s Statutory Revenue Fund of the Federal Capital Territory Administration Account, the total sum of N61, 553, 778, 260.”

The budget showed that out of the total approved sum, N12.90 billion is for overhead costs (recurrent expenditure) while the balance of N48.65 billion is for capital projects.

The overhead costs indicated that FCT Administration is allocated N2.2 billion, FCT Human Resources Management Department -N3.3 billion, Department of Information and Communication -N2.8 billion and Legal Secretariat -N1billion.

Others are Facilities Maintenance and Management Department – N1.6 billion, Abuja Environmental Protection Board – N1.5 billion and Satellite Towns Development Department -N500 million.

Also, for the capital expenditure Engineering Services (FCDA) is appropriated N30.54 billion,
Public Building (FCDA) – N15.11 billion and Bus Rapid Transit and Transport Regulations (BRT&TR)- N3 billion