The 2024 Federal Capital Territory (FCT) Statutory Appropriation Act authorizes spending to fund Abuja’s administrative operations, infrastructure, and public services for the 2024 fiscal year. Here’s a clear breakdown:
🏛️ Key figures and structure
- Total approved appropriation: ₦1.76 trillion, reflecting a ₦60 billion increase from the initial ₦1.7 trillion proposal by President Tinubu Facebook+7The Sun Nigeria+7Federal Capital Territory Administration+7.
- Capital expenditure: Accounts for approximately ₦1.31 trillion (≈70 %) of the total budget The Sun Nigeria.
- Personnel costs: ₦150 billion (~8.3 %).
- Overheads: ₦350 billion (~19.4 %) The Sun Nigeria.
These figures highlight the strong focus on infrastructure and development in Abuja.
📜 Legislative process & funding sources
- Passed by the Senate on May 23, 2025 (third reading), following joint committee review and negotiations between the legislature and the FCT Minister, Senator Samson Kumbo (APC–Yobe) Yiaga Africa+7The Sun Nigeria+7Youth Be Involved+7.
- Funded through a mix of:
- Internally Generated Revenue (IGR) of the FCT Administration.
- Statutory federal allocations to the FCT Wikipedia+2The Sun Nigeria+2TheCable+2.
🎯 Priorities & Insights
- Capital projects took center stage—70% of the budget is directed toward infrastructure, including roads, sanitation, public facilities, and urban development The Sun Nigeria.
- Lawmakers highlighted the developmental impact, praising the bold allocation in remarks during passage congress.gov+9The Sun Nigeria+9The Street Journal+9.
🧾 Recap Table: 2024 FCT Budget Breakdown
| Category | Amount (₦ trillion) | % of Total |
|---|---|---|
| Capital Expenditure | 1.31 | ~70% |
| Personnel Costs | 0.15 | ~8.3% |
| Overheads | 0.35 | ~19.4% |
| Total | 1.76 | 100% |
🗓️ Contextual development
- Followed a ₦98.5 billion supplementary appropriation earlier in 2024, aimed at enhancing engineering, transport, education, and public building agencies TheCable+1The Budgit Foundation+1.
- President Tinubu had approved a provisional FCT statutory budget of around ₦1.15 trillion by April 2024 The Street Journal+4Businessday NG+4TheCable+4.
