Senate passes ₦1.78trn FCT 2025 budget for second reading

The Senate on Wednesday passed a proposed ₦1.783 trillion statutory appropriation bill for the Federal Capital Territory for the 2025 financial year for second reading.

President Bola Tinubu formally presented the budget proposal in a letter addressed to the Senate President, Godswill Akpabio, urging the Senators to fast-track its passage to facilitate critical development projects within the FCT.

In the letter, which Akpabio read, Tinubu emphasised that the budget presentation complies with Section 299 of the Nigerian Constitution, empowering the President to lay the FCT’s budget before the National Assembly.

The President highlighted that the proposed budget would boost key sectors, including health, social welfare, agriculture, and employment, stressing that its passage is crucial for delivering an effective and service-oriented administration to FCT residents.

Tinubu outlined that 85% of the total allocation would be directed towards completing ongoing infrastructure and development projects, while the remaining 15% would fund new initiatives.

“The passage of the budget would facilitate investment in health and social welfare, increase agricultural production, and improve job creation.

“I urge the National Assembly to give this budget the urgent attention it deserves, in the interest of accelerating development within the FCT,” he added.

Immediately after the letter was read at plenary, the FCT budget went through its first reading and was subsequently presented for second reading.

The budget breakdown includes N150.35 billion for personnel costs, N343.78 billion for overhead, and N1.29 trillion allocated for capital projects.

To facilitate the process, Senate Leader, Senator Opeyemi Bamidele (APC, Ekiti Central), called for the suspension of Senate Standing Order 78(1), allowing the bill to scale second reading on the same day it was introduced.

The accelerated procedure, however, faced opposition from Senator Abdul Ningi (PDP, Bauchi Central), who raised concerns about the lack of prior distribution of the bill’s copies to Senators before the debate, citing Order 77 (3 and 4) of the Senate rules.

Despite the objections, the Senate proceeded to debate the general principles of the FCT Statutory Appropriation Bill for the 2025 fiscal year.

Leading the debate, Bamidele explained that the bill seeks to authorise the issuance of ₦1.783 trillion from the FCT Administration’s Statutory Revenue Fund to finance personnel, overhead, and capital expenditures from January 1 to December 31, 2025.

ADVERTISEMENT

Bamidele emphasised that the primary objective of the budget is to ensure an effective, service-oriented administration with a strong focus on completing ongoing projects that are critical to infrastructure and essential services in Abuja.

He further noted that while the budget prioritises the continuation of existing projects, it also introduces new initiatives deemed crucial for the growth and sustainability of the FCT.

However, the bill was referred to the Senate Committees on FCT, Area Councils, and Auxiliary Matters for further legislative action, with a report expected back at plenary within one week.