FCTA budgets N45b for infrastructure as APDC kicks-off Capital Estate
The Federal Capital Territory (FCT) administration is to spend the sum of N45, 527, 118,338 in its 2021 National Priority Capital projects. This was disclosed by the FCT Minister Malam Muhammad Bello, while presenting the FCT 2021 National Capital Budget to the Senate Committee on the FCT at the National Assembly Complex, Abuja. The figure falls below the N62.4billion budgeted last year for capital project appropriations.
He explained that some of the projects to be funded from the budget include, the construction of the Southern Parkway from the Christian Centre to Ring Road One, rehabilitation and expansion of the Outer Northern Expressway Project Lot II (Kubwa Road from the Federal Civil Service College to the Villa Roundabout), rehabilitation of and expansion of the Airport Expressway (project Lot I) and the completion of the International Vocational Institute, Utako and four comprehensive Science and Technical Colleges in Abaji, Gwagwalada, Kuje and Karshi.
Others are the provision of engineering infrastructure to Bwari Area Council, rehabilitation of the National Assembly complex, design and construction of the Nigeria Cultural Centre and Millennium Tower and development of the Idu industrial area engineering infrastructure.
The Minister explained that FCT was working on a public/private partnership to complete the the millennium Tower project.Earlier, the Chairman of the Senate Committee on the FCT, Senator Abubakar Kyari, lamented the decline in the FCT yearly budgetary allocation. Kyari pledged that the committee will be transparent, fair, courageous and guided by the dictates of the constitution as well as rules of parliamentary convention in discharging its duties.
MEANWHILE, Messrs Abuja Property Development Company has announced the take-off of phases II and III of its Capital Estate along the Kubwa Expressway, which will increase the nation’s housing stock by 1,400 homes.
The Managing Director, Mr. Lawal Magaji, said that 400 homes have already been fully completed, while others are at various different stages of completion.
Magaji also said as a government-owned developer, procurement of homes and land by intending homeowners will not be stressful. He called on Abuja residents to take advantage of the project to become homeowners or invest for returns.
He said: “APDC Capital Estate, is also offering sites and services (plots of land with infrastructure) for sale in the estate, which is made up of flats, terrace houses and detached duplexes, fully equipped with amenities.”
He explained that “to do all these satisfactorily, we build and sell completed homes, we also sell houses at DPC level, and at foundation level, that is at sub-structure level.”