FCT achieved 90% 2024 budget performance, says Wike
The Minister of the Federal Capital Territory, Nyesom Wike, said the FCT Administration has achieved 90 per cent of its N1.1 trillion 2024 budget.
Mr Wike stated this after inspecting some ongoing projects in the capital city, in Abuja on Thursday.
The projects inspected are the ongoing construction of the Abuja Division of the Court of Appeal and the road network and ongoing renovation of the International Conference Centre.
Others are the two interchanges, one at Ahmadu Bello way, connecting Wole Soyinka Way and the other connecting Wole Soyinka Way with Murtala Mohammed Expressway.
The minister explained that the ongoing projects were captured in the 2024 budget whose implementation had been extended to June 2025.
He added that new projects had been captured in the 2025 FCT proposed budget, which President Bola Tinubu would submit to the National Assembly for appropriation in due course.
Mr Wike, who could not hide his satisfaction with the spate of work, expressed optimism that ICC would be completed and handed over in late April or early May.
He also said that the contractor executing the Abuja Division of the Court of Appeal would hand over the complete project in September.
Mr Wike stated, “We have also agreed with Gilmor, the contractor executing the two interchanges, that the project would be ready for inauguration to celebrate the 2nd anniversary of Tinubu’s administration. The contractors are doing well, and we are equally up to date on our payment so as not to give them an excuse to default on the delivery dates.’’
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Politics
Nigerians will hail Tinubu as best president in 10 years’ time, says APC chieftain
Mr George said Mr Tinubu had prioritised infrastructure, economic restructuring, and institutional reforms to reposition the country for long-term prosperity.
Abuja
PFIPC controversy could damage Nigeria’s reputation, deter investors, says ACCI
Mr Obegolu said the incident underscored the urgent need to strengthen institutional safeguards and verification mechanisms to protect Nigeria’s investment ecosystem.
States
Police nab two suspected kidnappers, others in Jigawa
Mr Shiisu said efforts were being intensified to apprehend the fleeing suspects and that the case had been transferred to the SCID for further investigation.
States
FUNAAB petitions police over alleged encroachment by land grabbers
The registrar maintained that protecting the institution’s land is vital to safeguarding its mission of education, research, and service to the nation.
States
Tinubu govt must prioritise lives over road projects to tackle hunger crisis: Obi
Mr Obi said a more effective policy implementation is needed to address the growing humanitarian challenge.
Lagos
Police apprehend suspected cultist, recover loaded pistol in Lagos
Ms Adebisi said the suspect was apprehended after police operatives intercepted a motorcycle carrying three passengers.
