Wike: Senate Passes N1.28trn FCT 2024 Statutory Budget

The Senate has approved the Federal Capital Territory, FCT 2024 Statutory Budget of N1.28 trillion.
The budget was approved after the consideration of the harmonised report of the Senate and House of Representatives Committees on FCT, during plenary on Tuesday.
Presenting the report, the Chairman of the Committee on FCT, Sen. Ibrahim Bomai, said that the FCT had proposed N1. 15 trillion for the 2024 fiscal year.
Bomai said that the committee after its deliberation, recommended N1.28 trillion adding that that from the projected revenue, N140 billion was for personnel costs.

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