The Senate, on Thursday, 19th December, 2019 approved N278.4 billion (N278,355,365,947) as the budget of the Federal Capital Territory Administration (FCTA) for year 2020.
This is against the N232.8 billion (N232,875,365,947) which was proposed by President Muhammadu Buhari a week ago. It was sequel to the deliberation of the report of the Senate committee on Federal Capital Territory.
Of the total budget, N55.8 billion (55,878,241,095) is for personnel cost, N62.3 billion (62,343,723,435) for overhead cost and N160.1 billion (160,133,401,417) for capital projects.
President Buhari had proposed N53.9 billion for personnel cost and N57.1 billion for overhead cost. The Federal Capital Territory had an appropriation of N243.3 in the 2019 fiscal year.
Abubakar Kyari, the chairman of the committee, who presented the report, explained that new and ongoing projects were not adequately funded due to delay in the release of funds, occasioned by bureaucratic bottlenecks.
The minority of the lawmakers who contributed to the debate supported the report of the committee.
Gabriel Suswam (PDP, Benue) urged that the provisions of the budget be fully implemented. He also called for improved security in the nation’s capital.
The lawmakers thereafter considered the budget clause-by-clause – after which it was passed.
The Senate President, Ahmad Lawan, in his remarks, said the speedy passage of the budget shows commitment, dedication and the capacity of the Senate to deal with matters of national interest.
The Senate President assured that the Senate and the ninth assembly is interested in any issue that will make life better for the citizens of Nigerian.
Ahmad Lawan also urged the Federal Capital Territory Administration (FCTA) and the Senate Committee on FCT to make sure that the budget is implemented. This is even as he also called for improved security in the Federal Capital Territory.
He said; the Federal Capital Territory is supposed to be the most secured city because it is the seat of Government.