Senate passes 2025 FCT Appropriation Bill

The Senate has passed the 2025 FCT Statutory Appropriation Bill, authorising a total expenditure of about ₦1.81 trillion for the Federal Capital Territory for the 2025 fiscal year after a third reading.

This followed the presentation of the joint committee report by Senator Mohammed Ibrahim, which reviewed and harmonised input from both chambers in accordance with sections 62, 80, 88, 89, and 299 of the 1999 Constitution (as amended).

According to the committee report, the total statutory budget will be sourced from projected revenues for the year.

The budget structure comprises personnel costs, ₦150.35 billion (8.29 per cent); overhead costs, ₦352.03 billion (19.41 per cent); and capital expenditure, ₦1.31 trillion (72.31 per cent).

The total recurrent expenditure, comprising personnel and overhead stands at ₦502.38 billion, while capital projects will take the largest share of the budget.