Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

NDDC Boss, Ministers Bag Excellence in Public Service Award

December 5, 2025

Trump Wins FIFA’s Inaugural Peace Prize

December 5, 2025

Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction

December 5, 2025
Facebook X (Twitter) Instagram
Trending
  • NDDC Boss, Ministers Bag Excellence in Public Service Award
  • Trump Wins FIFA’s Inaugural Peace Prize
  • Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction
  • We Will Continue To Sell Fuel At A Reasonable Price: Dangote Assures Nigerians After Meeting Tinubu
  • Trump praises leaders of Rwanda and DR Congo as they sign a peace deal
  • Burkina-Faso Government Plans Restore Death Penalty Nearly Six Years After Its Abolition
  • Rivers Speaker, 16 Other Assembly Members Defect To APC From PDP
  • Tinubu Receives Letters Of Credence From 17 Ambassadors, Four High Commissioners
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Government»Senate Passes ₦1.81tn 2025 FCT Statutory Budget
Government

Senate Passes ₦1.81tn 2025 FCT Statutory Budget

VardiafricaBy VardiafricaMay 28, 2025Updated:May 28, 2025No Comments5 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Senate has passed the 2025 FCT Statutory Appropriation Bill, authorising a total expenditure of about ₦1.81 trillion for the Federal Capital Territory for the 2025 fiscal year after a third reading.

The passage followed the presentation of the joint committee report by Senator Mohammed Ibrahim, which reviewed and harmonised input from both chambers in accordance with sections 62, 80, 88, 89, and 299 of the 1999 Constitution (as amended).

According to the report, the total statutory budget will be sourced from projected revenues for the year.

The budget structure comprises personnel costs, ₦150.35 billion (8.29 per cent); overhead costs, ₦352.03 billion (19.41 per cent); and capital expenditure, ₦1.31 trillion (72.31 per cent).

The total recurrent expenditure, comprising personnel and overhead stands at ₦502.38 billion, while capital projects will take the largest share of the budget.

The committees explained that the budget was formulated after extensive consultations with the Minister of the FCT, Nyesom Wike, and key officials of the Federal Capital Territory Administration (FCTA).

The spending plan is expected to drive infrastructural development, improve service delivery, and address the growing needs of residents of Abuja and its satellite towns.

Wike had during the budget defence at the Senate last Wednesday expressed concern over worsening security and healthcare challenges in the FCT, calling for urgent and coordinated national intervention.

He also stressed the critical role of Abuja as the seat of power and a diplomatic hub—one that requires a unique and strategic security framework.

In the healthcare sector, Wike announced the recent acquisition of modern diagnostic equipment aimed at enhancing public health services throughout the FCT.
The minister said the equipment represents a significant step forward in the FCT Administration’s broader plan to improve access to quality medical care

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Tinubu Receives Letters Of Credence From 17 Ambassadors, Four High Commissioners

December 5, 2025

President Tinubu swears in ex-CDS Musa as defence minister

December 4, 2025

Tinubu nominates Ibas, Dambazau as ambassadorial nominees

December 4, 2025

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202490

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

FG Reportedly Lists 15 Persons, BDCs As Terrorism Financiers

March 20, 202430
Don't Miss
Oil & Gas
Oil & Gas By VardiafricaDecember 5, 20253 Mins Read1

NDDC Boss, Ministers Bag Excellence in Public Service Award

By VardiafricaDecember 5, 20251 Oil & Gas Updated:December 5, 202503 Mins Read

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has been…

Trump Wins FIFA’s Inaugural Peace Prize

December 5, 2025

Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction

December 5, 2025

We Will Continue To Sell Fuel At A Reasonable Price: Dangote Assures Nigerians After Meeting Tinubu

December 5, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

NDDC Boss, Ministers Bag Excellence in Public Service Award

December 5, 2025

Trump Wins FIFA’s Inaugural Peace Prize

December 5, 2025

Osun LG: Supreme Court Strikes Out Suit On Withheld Funds Over Jurisdiction

December 5, 2025
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202490

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

Type above and press Enter to search. Press Esc to cancel.