Tinubu presents ₦1.78 trillion FCT budget to National Assembly

President Bola Tinubu on Tuesday presented a ₦1.78 trillion budget proposal for the Federal Capital Territory (FCT) to the National Assembly, urging lawmakers to fast-track its passage to facilitate critical development projects.

The ₦1,783,823,708,309 budget was formally submitted in a letter addressed to the National Assembly leadership, which Speaker Tajudeen Abbas read aloud on the House floor.

Tinubu stated that the budget presentation was in compliance with Section 299 of the Nigerian Constitution, which empowers the president to lay the FCT's budget before the legislature.

In his letter, the president emphasised that the proposed budget would boost key sectors, including health, social welfare, agriculture, and employment.

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“The passage of the budget would facilitate investment in health and social welfare, increase agricultural production, and improve the creation of jobs,” he wrote.

Highlighting the budget’s priorities, Tinubu revealed that 85% of the total allocation would be directed toward completing ongoing infrastructure and development projects, while the remaining 15% would fund new initiatives.

The president concluded his message with a direct appeal to legislators: “I urge the National Assembly to give this budget the urgent attention it deserves, in the interest of accelerating development within the FCT.”

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The proposed budget is one of the largest ever for the territory and underscores the administration’s focus on preserving the continuity of existing capital projects while gradually expanding new investments.

The FCT budget presentation comes at a time of heightened national expectations for improved urban services and job creation in the capital city.