The Minister of the Federal Capital Territory (FCT), Nyesom Wike, says the Federal Government has released N50bn of FCT’s supplementary budget to complete ongoing projects.
The minister disclosed this on Thursday during an inspection of projects in the nation’s capital.
He 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. (CHANNELS TV). READ ALSO:
- Oyo kingmakers reject Owoade’s appointment as new Alaafin
- Benue Govt acquires Honey Badgers, renamed Benue Queens
- Philip Shuaibu Praises DG NSC Bukola Olopade’s Transformative Impact on Nigerian Sports
- What to Expect from FIRS in 2025, By Arabinrin Aderonke
- Amb Sarafa Tunji Isola mourns mother of ex-Speaker Bankole