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Senate approves N607.9bn FCTA budget for 2022 fiscal year

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Nearly a month to the end of the year 2022, the Senate on Wednesday approved a sum of N607.952 billion budget for the Federal Capital Territory Administration (FCTA) for the 2022 fiscal year.

A breakdown of the budget showed that the sum of N76,565,904,857 is for Personnel Costs and N138,199,851,110 is for Overhead Costs while the balance of N393,182,267,614 is earmarked for Capital Expenditure.

The Senate approved the FCT  budget following the consideration of the report of its committee on FCT headed by Chairman Senator Smart Adeyemi.

Addressing newsmen shortly after the passage of the Appropriation bill for President Buhari’s assent,  FCT Committee Chairman,  Senator Smart Adeyemi listed some critical areas that the new budget seeks to address in the capital territory.

Senator Adeyemi said the National Assembly deliberately put the Capital Expenditure at 64 percent of the total budget to ensure that all ongoing projects are completed for the benefit of residents of the FCT.

He also disclosed that a lot of money is earmarked for education in order to provide more classrooms and other necessary educational materials in all FCT schools.

“During our oversight activities to schools in FCT, we are shocked to discover that more than 80 pupils are put in one classroom and this cannot guarantee quality education. We must ensure that education environment are descent and infrastructures are provided,”; says Smart Adeyemi

On infrastructural development, he said that money has been provided in the budget for the expansion and rehabilitation of Lower Ozuma Dam and other dams to provide water for the residents of FCT.

Similarly,  some of the hospitals in the territory such as Maitama District Hospital, Wuse District Hospital, Asokoro District Hospital, Kubwa District Hospital as well as FCT Semi-Urban Districts Hospital and FCT Satellite District Hospitals will be given deserved attention.

Also on the issue of insecurity, Senator Adeyemi said with the passage of the 2022 FCT budget, insecurity will be drastically reduced as security lights would be provided on roads and strategic places in the territory.

Senator Adeyemi, however, explained that the delay in the passage of the 2022 budget will not affect the capital implementation aspect of the budget.

It would be recalled that the nineth National Assembly prides itself on ensuring that Appropriation bills are scheduled to end on the 31st of December, every year.

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