Wike:N50bn Released for FCT Supplementary Budget

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The minister disclosed this on Thursday during an inspection of projects in Abuja, the nation’s capital.

The FCT Minister, Nyesom Wike, reveals that the Federal Government has released N50bn supplementary budget to complete ongoing projects.

Mr. Wike also expressed the ministry’s readiness to collaborate with other security agencies to install closed-circuit television cameras in the FCT to harness the security situation in the nation’s capital.

In late 2023, the National Assembly approved N61. 55 billion FCT supplementary budget following the passage of the 2023 Supplementary Appropriation Bill for the FCT.

N12.90 billion of the approved sum is for overhead costs (recurrent expenditure), while N48.65 billion is for capital projects.

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