The Senate has approved the 2025 FCT Statutory Appropriation Bill, which authorizes a total expenditure of approximately ₦1.81 trillion for the Federal Capital Territory for the 2025 fiscal year following a third reading.
This approval came after Senator Mohammed Ibrahim presented the joint committee report, which reviewed and integrated contributions from both chambers in line with sections 62, 80, 88, 89, and 299 of the 1999 Constitution (as amended).
As stated in the report, the total statutory budget will be financed through projected revenues for the year.
The budget framework includes personnel costs amounting to ₦150.35 billion (8.29 percent); overhead costs totaling ₦352.03 billion (19.41 percent); and capital expenditure of ₦1.31 trillion (72.31 percent).
The overall recurrent expenditure, which includes personnel and overhead costs, is ₦502.38 billion, while capital projects will receive the largest portion of the budget.
The committees clarified that the budget was developed after thorough consultations with the Minister of the FCT, Nyesom Wike, and key officials from the Federal Capital Territory Administration (FCTA).
This spending plan is anticipated to promote infrastructural development, enhance service delivery, and meet the increasing demands of residents in Abuja and its surrounding towns.
During the budget defense at the Senate last Wednesday, Wike expressed his concerns regarding the deteriorating security and healthcare issues in the FCT, urging for immediate and coordinated national intervention.
He also emphasized the vital importance of Abuja as the center of power and a diplomatic hub, which necessitates a distinct and strategic security framework.
In the healthcare sector, Wike has recently announced the acquisition of advanced diagnostic equipment designed to improve public health services across the FCT.
The minister stated that this equipment signifies a major advancement in the FCT Administration’s comprehensive strategy to enhance access to high-quality medical care.