Nyesom Wike reveals plans to spend FCT’s 1.28trillion naira statutory budget.

The Minister of the Federal Capital Territory, Nyesome Wike, has said that the FCT’s 1.28 trillion-naira 2024 statutory budget will revolutionize infrastructure provision in the nation’s capital.
The minister, who made this statement during a media chat with journalists in Abuja, said the budget will not only cater for the provision of roads in the FCT but will also prioritize the healthcare and education sectors, as well as the Abuja metro line, amongst other projects.
The minister said 70 percent of the budget has been allocated to capital expenditure, with 58 percent of that capital component earmarked for the completion of ongoing projects, while 42 percent 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.
He said the FCT Administration, through this approach, would be able to address the issue of delays in the completion of ongoing projects and the attendant variation of contracts, in addition to restoring the confidence of contractors, which was hitherto lacking.

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