{"id":118434,"date":"2025-05-06T23:07:49","date_gmt":"2025-05-06T22:07:49","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=118434"},"modified":"2025-05-06T23:07:49","modified_gmt":"2025-05-06T22:07:49","slug":"tinubu-submits-%e2%82%a61-78-trillion-fct-budget-to-nassembly","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/tinubu-submits-%e2%82%a61-78-trillion-fct-budget-to-nassembly\/","title":{"rendered":"Tinubu Submits \u20a61.78 Trillion FCT Budget to N\u2019Assembly"},"content":{"rendered":"<div id=\"m#msg-f:1831401312683566559\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\"><\/div>\n<div id=\"m#msg-f:1831401312683566559-content\" class=\"mail-message-content collapsible zoom-normal mail-show-images \">\n<div class=\"clear\">\n<div><\/div>\n<div>By Tracy Moses<\/div>\n<div><\/div>\n<div>President Bola Tinubu has transmitted a \u20a61.78 trillion budget proposal for the Federal Capital Territory (FCT) to the National Assembly, reaffirming his administration\u2019s commitment to infrastructure expansion, improved public services, and job creation in the nation\u2019s capital.<\/div>\n<div><\/div>\n<div>The budget, titled the \u201cFCT 2025 Statutory Appropriation Bill,\u201d was formally transmitted to the National Assembly through a letter read on the floor of the House of Representatives by Speaker Rt. Hon. Tajudeen Abbas during plenary on Tuesday.<\/div>\n<div><\/div>\n<div>In the letter, President Tinubu cited Section 299 of the 1999 Constitution (as amended), which empowers him to present the annual appropriation for the FCT directly to the legislature.<\/div>\n<div><\/div>\n<div>The president explained that the proposed \u20a61,783,823,708,309 budget seeks to consolidate ongoing infrastructure projects, enhance governance efficiency, and boost economic activities across the territory.<\/div>\n<div><\/div>\n<div>\u201cThis budget will enable further investments in health and social welfare, support increased agricultural output, and promote job creation across the FCT,\u201d the president stated.<\/div>\n<div><\/div>\n<div>According to Tinubu, 85 percent of the proposed expenditure is dedicated to the completion of ongoing projects, while the remaining 15 percent is allocated to new initiatives aimed at further developing the capital.<\/div>\n<div><\/div>\n<div>\u201cThis proposal reflects our unwavering commitment to continuity and sustainable urban growth,\u201d he said, urging lawmakers to prioritize the budget\u2019s passage. \u201cThe National Assembly should treat this budget with the urgency it deserves in order to accelerate development efforts in the FCT.\u201d<\/div>\n<div><\/div>\n<div>If passed, the proposal will represent one of the largest budgetary allocations in the FCT\u2019s history, demonstrating a renewed federal focus on upgrading urban infrastructure, improving essential services, and unlocking economic opportunities for Abuja residents.<\/div>\n<div><\/div>\n<div>President Tinubu added that the robust allocation aligns with the government\u2019s broader goals of modernizing key sectors, including transportation, healthcare, housing, and environmental management, to meet the growing needs of the territory\u2019s population.<\/div>\n<div><\/div>\n<div>The President urged the National Assembly to give this budget the urgent attention it deserves, in the interest of accelerating development within FCT.<\/div>\n<div id=\"m_2390831915381735193ymail_android_signature\"><a id=\"m_2390831915381735193ymail_android_signature_link\" href=\"https:\/\/mail.onelink.me\/107872968?pid=nativeplacement&amp;c=US_Acquisition_YMktg_315_SearchOrgConquer_EmailSignature&amp;af_sub1=Acquisition&amp;af_sub2=US_YMktg&amp;af_sub3=&amp;af_sub4=100002039&amp;af_sub5=C01_Email_Static_&amp;af_ios_store_cpp=0c38e4b0-a27e-40f9-a211-f4e2de32ab91&amp;af_android_url=https:\/\/play.google.com\/store\/apps\/details?id=com.yahoo.mobile.client.android.mail&amp;listing=search_organize_conquer\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/mail.onelink.me\/107872968?pid%3Dnativeplacement%26c%3DUS_Acquisition_YMktg_315_SearchOrgConquer_EmailSignature%26af_sub1%3DAcquisition%26af_sub2%3DUS_YMktg%26af_sub3%3D%26af_sub4%3D100002039%26af_sub5%3DC01_Email_Static_%26af_ios_store_cpp%3D0c38e4b0-a27e-40f9-a211-f4e2de32ab91%26af_android_url%3Dhttps:\/\/play.google.com\/store\/apps\/details?id%3Dcom.yahoo.mobile.client.android.mail%26listing%3Dsearch_organize_conquer&amp;source=gmail&amp;ust=1746646898757000&amp;usg=AOvVaw2iE9F1KbD4bZzhsMD9wvEB\">r<\/a><\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Tracy Moses President Bola Tinubu has transmitted a \u20a61.78 trillion budget proposal for the Federal Capital Territory (FCT) to the National Assembly, reaffirming his administration\u2019s commitment to infrastructure expansion,&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":117718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-118434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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