The Minister of the Federal Capital Territory (FCT), Nyesom Wike, says the Federal Government has released N50bn of FCT’s supplementary budget to complete ongoing projects.
This was revealed by the minister on Thursday during an inspection of projects in the nation’s capital.
He also stated that the ministry is willing to work with other security agencies to install closed-circuit television cameras in the FCT in order to better understand the security situation in the nation’s capital.
Following the approval of the 2023 extra Appropriation Bill for the FCT, the National Assembly authorised an N61.55 billion FCT extra budget in late 2023.
Overhead costs (recurrent expenditure) account for N12.90 billion of the allocated amount, while capital projects account for N48.65 billion.