Nigeria's Senate approves N1.28 trillion 2024 FCT budget with N768 billion for capital projects.
Nigeria's Senate has approved a N1.28 trillion budget for the Federal Capital Territory (FCT) in 2024, following the harmonized report of the Senate and House of Representatives Committees on FCT. The budget includes N140 billion for personnel cost, N373 billion for overhead cost and N768 billion for capital projects, aimed at transforming the capital city and rural communities. The Senate's approval is expected to help improve the fortune of the capital city and potentially make it one of the best cities in the world.
March 19, 2024
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