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BREAKING: Tinubu Submits ₦1.78 Trillion FCT Budget to National Assembly

Stanley Uhegbu by Stanley Uhegbu
May 6, 2025
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PRESIDENT TINUBU: SECURITY, JOB CREATION, POVERTY REDUCTION TOP PRIORITIES OF 2024 BUDGET

Photo Credit: Elan Pics

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President Bola Tinubu on Tuesday presented a ₦1.78 trillion budget proposal for the Federal Capital Territory (FCT) to the National Assembly.

The proposal, delivered through a letter read by House Speaker Tajudeen Abbas on the floor of the Green Chamber, seeks urgent legislative approval to accelerate key development efforts in Abuja.

According to the breakdown, 85% of the budget is earmarked for the completion of ongoing infrastructure and development projects, while the remaining 15% will finance new initiatives.

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