Tinubu submits FCTA supplementary budget proposal to NASS  

President Bola Ahmed Tinubu has submitted the 2024 supplementary budget proposal for the Federal Capital Territory Administration (FCTA) to the House of Representatives for consideration and approval.

The President’s request comes barely three months after the lower chamber approved a N98.5 billion supplementary budget for the minister of the FCT, Nyesom Wike’s administration.

The sum of N1.2 trillion for the FCTA budget was passed in March 2024 by the National Assembly.

In a letter conveyed to the House by the President and read by Speaker Tajudeen Abbas at Tuesday’s plenary, Tinubu said the request is in accordance with the provisions of Section 121 of the Constitution of the Federal Republic of Nigeria.

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The letter read: “This Supplementary Budget Proposal has been prepared on the basis of the FCTA’s reviewed revenue and expenditure forecasts and is aligned with the fiscal and developmental policies of the Federal Government and the Renewed Hope Agenda.

“With it, the FCTA continues to prioritise the improvement of human capital and infrastructure within the Federal Capital Territory.

“While I trust that the House of Representatives will, in their usual expeditious manner, consider and approve the 2024 Supplementary Budget Proposal of the FCTA, please accept, Rt. Honourable Speaker, the assurances of my highest consideration and regards.”