By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Tinubu Proposes ₦1.78 Trillion Budget for FCT to National Assembly
Share
Sign In
Notification Show More
Latest News
Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly
Civil Society Organisations Environment Metro News
Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes
Legal/Courts Metro News
WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City
Metro News
Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors
Business Environment Metro News
Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate
Business Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Economy > Tinubu Proposes ₦1.78 Trillion Budget for FCT to National Assembly
BusinessEconomyInfrastructureMetroNews

Tinubu Proposes ₦1.78 Trillion Budget for FCT to National Assembly

Publisher
By Publisher Published May 7, 2025
Share
3 Min Read
SHARE

 

…seeks swift passage to advance infrastructure, job creation

 

- Advertisement -
Ad image

President Bola Ahmed Tinubu has submitted a ₦1.78 trillion statutory budget proposal for the Federal Capital Territory (FCT) to the National Assembly, emphasizing his administration’s resolve to expand infrastructure, strengthen public services, and generate employment in Abuja.

The proposed budget, titled the “FCT 2025 Statutory Appropriation Bill,” was officially presented to the National Assembly via a letter read by Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, during Tuesday’s plenary session.

In the communication, President Tinubu cited the authority vested in him by Section 299 of the 1999 Constitution (as amended), which mandates him to lay the FCT’s annual budget directly before the legislature.

He noted that the ₦1,783,823,708,309 appropriation is designed to reinforce existing infrastructure initiatives, enhance administrative performance, and stimulate economic activities throughout the territory.

“This proposal will fund improvements in healthcare, social services, agriculture, and employment generation within the FCT,” the president stated.

According to Tinubu, 85 percent of the budget will be channeled toward the continuation of ongoing projects, while the remaining 15 percent will finance fresh projects intended to deepen development within the capital city.

“This reflects our administration’s steadfast commitment to continuity and sustainable urban development,” he added, calling on lawmakers to expedite the budget’s review and approval. “I urge the National Assembly to give this proposal the prompt consideration it deserves to fast-track Abuja’s development.”

Should the bill be approved, it would mark one of the largest fiscal plans in the FCT’s history, underscoring the federal government’s intensified efforts to modernize the capital’s infrastructure, enhance essential services, and broaden economic access for residents.

President Tinubu further stated that the significant allocation is in line with broader national goals of upgrading transportation, health, housing, and environmental systems to accommodate the growing needs of the FCT’s population.

He appealed to the parliament to accelerate the passage of the budget proposal, saying, “I urge the National Assembly to give this budget the urgent attention it deserves, in the interest of accelerating development within the FCT.”

Like this:

Like Loading...

Related

You Might Also Like

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly

Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes

WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City

Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors

Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate

TAGGED: budget proposal, FCT, FCT Abuja, Minister Nyesom wike

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher May 7, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article FG Orders Power Sector Overhaul, Replaces Ageing Engineers With 1,200 Newly Trained
Next Article Gov Mbah Approves N290.8m for Gratuities, Pensions for February 2025 to Retirees
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly
Civil Society Organisations Environment Metro News June 1, 2025
Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes
Legal/Courts Metro News June 1, 2025
WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City
Metro News June 1, 2025
Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors
Business Environment Metro News June 1, 2025

You Might also Like

Civil Society OrganisationsEnvironmentMetroNews

Applause Trail Plateau State’s Launch Of Africa’s First Climate Assembly

June 1, 2025
Legal/CourtsMetroNews

Lawyer Amobi Nzelu slams Tinubu’s govt over economic woes

June 1, 2025
MetroNews

WNTD 2025: Ekiti Govt Declares Ado Ekiti Smoke-Free City

June 1, 2025
BusinessEnvironmentMetroNews

Senator Sani Musa Provides ₦50m Relief, Food Supplies to Niger Flood Survivors

June 1, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d