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Senate Approves N98.5 Billion Supplementary Budget to Boost Infrastructure in the Federal Capital Territory
The Nigerian Senate has recently greenlit a supplementary budget of N98.5 billion for the Federal Capital Territory Administration (FCTA). This decision follows a thorough review of the report presented by the Committee on FCT. The approval of this supplementary budget demonstrates the Senate’s recognition of the critical need for funding to accelerate essential infrastructure projects within the Federal Capital.
Senator Osita Ngwu, who delivered the report to the Senate, emphasized the importance of allocating these funds to support ongoing and future development initiatives in the FCT. The funding will be crucial in addressing various infrastructure challenges and meeting the growing demands of the capital region.
This significant budget allocation comes in addition to the N1.2 trillion budget that was passed earlier in the year by the National Assembly. It underscores the government’s commitment to prioritizing infrastructure development and improving the overall quality of life for residents in the Federal Capital Territory.
Prior to the approval of the supplementary budget, Senator Ireti Kingibe raised concerns about being excluded from the committee’s activities despite being a member. Her grievances were acknowledged by the President of the Senate, Godswill Akpabio, who advised her to address the issue through the appropriate channels to ensure transparency and inclusivity in the process.
With the approval of the N98.5 billion supplementary budget, the government aims to accelerate progress on key infrastructure projects, enhance public services, and drive economic growth in the Federal Capital Territory. This significant investment reflects a commitment to ensure sustainable development and improve the overall well-being of residents in the region.
