The 2025 budget of the Federal Capital Territory Administration (FCTA) has passed second reading at the Senate.
The senators approved the appropriation bill after debating its general principles during the plenary on Wednesday.
The 2025 budget proposal was introduced in the Senate on Wednesday and debated on the same day.
President Bola Tinubu had earlier transmitted the budget to the National Assembly through a letter read by the Senate President, Godswill Akpabio, during Wednesday’s plenary.
According to the breakdown, N150.35 million is allocated for personnel cost overhead costs, and N1.29 trillion for capital projects.
In the letter, President Tinubu noted that 85 per cent of the capital expenditures will be used to complete ongoing projects, while the remaining 15 per cent will fund new initiatives.
During the plenary, the Senate Leader, Opeyemi Bamidele, led a debate on the general principles of the appropriation bill.
Mr Bamidele, the senator representing Ekiti Central Senatorial District, in his lead debate, highlighted the budget’s emphasis on critical sectors such as healthcare, education, youth empowerment, social welfare, job creation, and agriculture.
He said the proposal reflects a balanced commitment to ongoing projects and newly identified priorities that would benefit residents of the Federal Capital Territory
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