Thursday, March 5, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home Business

Nigerian Senate Passes ₦1.81tn 2025 FCT Statutory Budget

Kehinde Giwa by Kehinde Giwa
May 28, 2025
in Business
0
Nigerian Senate Passes ₦1.81tn 2025 FCT Statutory Budget
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

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

The budget will be sourced from projected revenues for the year and comprises personnel costs (₦150.35 billion), overhead costs (₦352.03 billion), and capital expenditure (₦1.31 trillion).

Related posts

Naira Trades at ₦1,379/$ in Official Market as FX Rates Remain Stable

Naira Trades at ₦1,379/$ in Official Market as FX Rates Remain Stable

March 4, 2026
BREAKING: President Tinubu Signs Electoral Bill Into Law, Paving Way for 2027 Elections

BREAKING: President Tinubu Appoints Taiwo Oyedele as Minister of State for Finance

March 3, 2026

With capital projects taking the largest share of the budget, the spending plan aims to drive infrastructural development, improve service delivery, and address the growing needs of Abuja residents.

FCT Minister Nyesom Wike had expressed concerns over worsening security and healthcare challenges in the FCT, calling for urgent and coordinated national intervention.

He emphasized the critical role of Abuja as the seat of power and a diplomatic hub, requiring a unique and strategic security framework.

In the healthcare sector, Wike highlighted recent acquisitions of modern diagnostic equipment aimed at enhancing public health services throughout the FCT.

The budget formulation followed extensive consultations between the Minister and key officials of the Federal Capital Territory Administration (FCTA) and the National Assembly.

With a focus on improving access to quality medical care and addressing security challenges, the ₦1.81 trillion budget is expected to have a significant impact on the development of Abuja and its satellite towns.

Previous Post

NIGERIA : Gowon, Tinubu Lead ECOWAS at 50 Commemoration in Lagos

Next Post

Renowned Kenyan Author Ngũgĩ wa Thiong’o Dies at 87

Next Post
Renowned Kenyan Author Ngũgĩ wa Thiong’o Dies at 87

Renowned Kenyan Author Ngũgĩ wa Thiong'o Dies at 87

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Nigeria’s Muslims Reject Trump’s CPC Designation, Cite Misrepresentation of Reality

Nigeria’s Muslims Reject Trump’s CPC Designation, Cite Misrepresentation of Reality

4 months ago
Death Toll From Landslide at Uganda Garbage Dump Rises to 13

Death Toll From Landslide at Uganda Garbage Dump Rises to 13

2 years ago
CHILDREN’S DAY : Tinubu Pledges Safer Nigeria For Children, Vows to End Bullying and Violence

CHILDREN’S DAY : Tinubu Pledges Safer Nigeria For Children, Vows to End Bullying and Violence

9 months ago
Nigeria: Lagos Governor Sanwo-Olu Appoints Oyetunde-Lawal as GM of LASODA

Nigeria: Lagos Governor Sanwo-Olu Appoints Oyetunde-Lawal as GM of LASODA

2 years ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.