FCT: Tinubu Approves N1.147 Trillion Statutory Budget for 2024 Fiscal Year

President Bola Tinubu has given his approval to the Federal Capital Territory’s statutory budget exceeding N1.1 trillion for the 2024 fiscal year.

During a media chat in his Abuja office on Tuesday, the FCT minister, Nyesom Wike, shared this information.

An analysis of the breakdown of the N1.1 trillion budget reveals that N280 billion is allocated for overhead expenses, N726 billion for capital projects, and N140 billion for personnel costs, making the total budget amount to N1.147 trillion.

Leave a Reply

Your email address will not be published.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

Verified by MonsterInsights