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- Abuja, Nigeria – President Bola Tinubu has submitted a ₦1.78 trillion budget proposal for the Federal Capital Territory (FCT) to the National Assembly, urging swift passage to accelerate critical development projects.
- The budget, presented in a letter read by House of Representatives Speaker Tajudeen Abbas on Tuesday, allocates 85% of funds to the completion of ongoing infrastructure and development projects. The remaining 15% is designated for new initiatives.
- President Tinubu emphasized the importance of the budget in facilitating essential development within the FCT, calling on lawmakers to give it urgent attention.
- The budget proposal has a strong focus on key sectors, including health, social welfare, agriculture, and employment.
- The president made it clear that this budget aligns with his administrations goals for national development.
- The presentation of this budget is in line with section 299 of the Nigerian constitution.
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