Friday, May 23, 2025

Reps begin consideration of N419.8bn FCT supplementary budget

Must read

Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
- Advertisement -
tiamin rice
tiamin rice

The House of Representatives on Wednesday, began consideration of the Federal Capital Territory, FCT, 2024 Supplementary Appropriation Bill of a total of N419.8 billion.

The bill presented by the Majority Leader, Julius Ihonvbere (APC-Edo) followed a request by President Bola Tinubu in Abuja.

Presenting the bill, Ihonvbere said that of the N419.8 billion, the sum of N38.06 billion is for Overhead Costs while the sum of N381 billion is for Capital Expenditure.

tiamin rice
whatsApp

He urged members to support the bill for effective running of the FCT.

In his remarks, the Speaker, Tajudeen Abbas referred the bill to the House Committee on FCT for further legislative actions.

READ ALSO:   Trump claims ‘powerful mandate’ after Fox News projections

In a meeting shortly after plenary, members of the FCT committee resolved to give accelerated hearing to the budget.

The Chairman of the Committee, Aliyu Betara (APC-Borno) said that the committee will lay a report on the bill before the house for further consideration and adoption.
NAN

- Advertisement -

More articles

- Advertisement -

Latest article

- Advertisement -