April 2, 2024

President Bola Tinubu has approved the Federal Capital Territory’s over N1.1trn statutory budget for the 2024 fiscal year.

Channels television reports that, the FCT minister, Nyesom Wike, disclosed this during an ongoing media chat at his office in Abuja on Tuesday.

He expressed delight over the assent by the president, and explained that the budget will impact on infrastructure development, healthcare facilities, as well as rehabilitation of schools in the FCT, amongst others.

The development comes on the heels of the FCT appropriation bill passing the second reading at the Senate last month.