Thursday, February 26, 2026
Home National WIKE DEFENDS #61BILLION FCT 2023 SUPPLEMENTARY BUDGET

WIKE DEFENDS #61BILLION FCT 2023 SUPPLEMENTARY BUDGET

Minister of the Federal Capital Territory , Barrister Ezenwo Nyesom Wike has appeared before lawmakers in the National Assembly and defended the over Sixty One Billion Naira FCT 2023 Supplementary Budget.

The Minister said the budget is targeted at completion of some critical projects before President Tinubu’s one year in office.

In a separate presentations before the committees of the House of Representatives and that of Senate on the FCT, Barr. Wike told members of the committees that the amount is required to complete projects that will have direct impact on Abuja residents in the first one year of President Bola Tinubu in office.

He said the budget revenue sources will be inflows from paris club Refund, Payee Tax Liabilities, Special Intervention Funds (palliatives), Internally Generated Revenue and the Infrastructure support fund.

A review of the budget shows that top on the list of the projects will include Abuja rail mass transit, provision of mass transit buses/rehabilitation of existing and serviceable and expansion of roads.
Wike identified others to include rehabilitation of National Christian centre and rehabilitation of National Mosque in Abuja and many others.

Chairman of the House Committee on FCT, Muktar Betara who lauded the minister for his passion to develop the territory, however urged him to reconsider the uniform fees for obtaining a Certificate of Occupancy, saying highbrow areas like Asokoro, Maitama, Wuse and others cannot have the same fees with the satellite towns.

On his part, Senator Ibrahim Bomai, Commended the minister for allocating over 80% of the supplementary to provision of physical infrastructure.

RELATED ARTICLES

FG RESTORES CRITICAL ROAD LINKS, TACKLES FLOODING IN BAUCHI

The Federal Government has intensified efforts to restore critical road links and address flooding challenges in Bauchi State. This formed part of the North-East National...

INNOSON CHAIRMAN COMMENDS UMAHI ON ROAD PROJECTS, PLANS MAJOR CNG VEHICLE FACTORY EXPANSION

  The Federal Ministry of Works says collaboration between government and local manufacturers is key to Nigeria’s infrastructure and industrial development. This follows a visit by...

FG, NIGER STATE STRENGTHEN COLLABORATION ON FEDERAL ROAD PROJECTS

  The Federal Government has reiterated its commitment to fast-tracking the delivery of ongoing federal road and bridge projects in Niger State, following a high-level...

Most Popular

AIRFARE PROBE: FCCPC FLAGS POSSIBLE PRICE FIXING BY LOCAL AIRLINES

    Nigeria’s aviation market is under scrutiny after the Federal Competition and Consumer Protection Commission (FCCPC) uncovered suspicious fare spikes by domestic airlines during the...

ALIYU TAKES CHARGE AT SHESTCO, SETS BOLD AGENDA FOR INNOVATION-DRIVEN GROWTH

    The newly appointed Director-General and Chief Executive Officer of the Sheda Science and Technology Complex (SHESTCO) has expressed profound gratitude to the President and...

NDCMP 2026-2030 WILL STRENGTHEN NIGERIA’S DRUG CONTROL EFFORTS, SAYS MARWA

  Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA) Brig Gen Mohamed Buba Marwa (rtd)  said, the National Drug Control Master Plan...

NEPZA, BORNO MOVE TO REVIVE BANKI FTZ

  The Nigeria Export Processing Zones Authority (NEPZA) said it is dedicated to helping the Borno State Government revive the moribund Banki Free Trade Zone. Dr....

Recent Comments