The Minister of the Federal Capital Territory (FCT), Nyesom Wike, says the Federal Government has released N50bn N61.55billion of FCT’s supplementary budget to complete ongoing projects.
Africa Update reports that the minister disclosed this on Thursday January 4, 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 (CCTV) cameras in the Nation’s capital to harness the security situation.
Recall that 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.
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