Sunday, July 14, 2024

Latest Posts

Senate okays N607.9bn for FCTA 2022 budget

Nearly a month to the end of the year, the Senate on Wednesday approved N607.952 billion budget for the Federal Capital Territory Administration, FCTA, for the 2022 fiscal year.

A breakdown of the budget showed that the sum of N76,565,904,857 is for personnel costs and N138,199,851,110 is for overhead costs while the balance of N393,182,267,614 is earmarked for capital expenditure.

The Senate approved the FCT budget following the consideration of the report of its Committee on FCT, chaired by Senator Smart Adeyemi (APC, Kogi West).

Addressing newsmen shortly after the passage of the Appropriation Bill for President Muhammadu Buhari’s assent, Senator Adeyemi listed some critical areas that the new budget seeks to address in the capital territory.

According to him, the National Assembly deliberately put the capital expenditure at 64 per cent of the total budget to ensure that all ongoing projects are completed for the benefit of residents of the FCT.

He also disclosed that a lot of money is earmarked for education in order to provide more classrooms and other necessary educational materials in all FCT schools.

“During our oversight activities to schools in FCT, we are shocked to discover that more than 80 pupils are in one classroom and this cannot guarantee quality education. We must ensure that the education environment is decent and infrastructures are provided,” Senator Adeyemi said.

On infrastructural development, he said that money has been provided in the budget for the expansion and rehabilitation of Lower Ozuma Dam and other dams to provide water for the residents of FCT.

Similarly, some of the hospitals in the territory such as Maitama District Hospital, Wuse District Hospital, Asokoro District Hospital, Kubwa District Hospital as well as FCT Semi-Urban Districts Hospital and FCT Satellite District Hospitals will be given deserved attention.

Also on the issue of insecurity, Senator Adeyemi said with the passage of the 2022 FCT budget, insecurity will be drastically reduced as security lights would be provided on roads and strategic places in the territory.

He explained that the delay in the passage of the 2022 budget will not affect the capital implementation aspect of the budget.

The Ninth National Assembly prides itself on ensuring that Appropriation bills are scheduled to end on the 31st of December every year.

Latest Posts


Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.