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How I Plan on Spending FCT’s N1.28 Trillion Statutory Budget – Wike

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The Minister of the Federal Capital Territory, Nyesom Wike, has explained how he plans on spending the FCT’s N1.28 trillion 2024 statutory budget.

Wike stated that 70 per cent of the budget has been allocated to capital expenditure, with 58 per cent of that capital component earmarked for the completion of ongoing projects, while 42 per cent is for new projects.

According to the Minister, projects to be given priority include the rehabilitation of 21 schools in deplorable conditions across the six area councils as well as the general hospitals in Utako, Gwagwalada, and Gwarimpa to ensure that they are up to the required standard.

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