FCT 2026 Budget Passes Second Reading At Senate

The Senate has  passed into second reading the Federal Capital Territory Administration (FCTA) 2026 Appropriation Bill, authorising the issuance of N2.2 trillion from the FCT statutory revenue fund.

The bill, presented by Senate leader, Senator Opeyemi Bamidele (Ekiti Central), provides funding for the operations and developmental programmes of the FCT for 2026 fiscal year.

Of the total budget, N165.8 billion is earmarked for personnel costs, N378.2 billion for overheads and N1.657 trillion for capital projects.

Bamidele highlighted Abuja’s unique role as the nation’s capital, stressing that the budget seeks to support infrastructure, social services, public utilities, health facilities, educational institutions, and transportation networks to enhance the quality of life for residents and visitors.

The bill also mandates the submission of monthly and quarterly reports to the National Assembly to ensure transparency and accountability in project execution.

Deputy Senate President Barau Jibrin (APC-Kano North) commended the substantial N1.66 trillion allocation for capital projects.

Senate President Godswill Akpabio praised FCT Minister Nyesom Wike and President Bola Tinubu for their commitment to the development of Abuja.

Following its passage, the bill was referred to the Senate Committee on the Federal Capital Territory and Area Councils for further review, with instructions to revert to plenary in one week