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2021 National Prority Capital Budget: Fcta Presents 45 Billion Naira Proposal
Joel Ajayi
The Federal Capital Territory Administration is to spend the sum of N45, 527, 118,338 (Forty-Five Billion, Five Hundred and Twenty Seven Million, One Hundred and Eighteen Thousand Three Hundred and Thirty-Eight Naira) for its 2021 National Priority Capital projects.
This was disclosed by the FCT Minister Malam Muhammad Musa Bello when he presented the FCT 2021 National Capital Budget to the Senate Committee on the FCT on Thursday, November 5th, 2020 at the National Assembly Complex, Abuja.
According to the Minister, this figure is contained in the 2021 Appropriation Bill presented by Mr. President to the National Assembly on the 8th of October 2020.
The Minister said that this allocation is to sustain the implementation of critical projects both in the Federal Capital City (FCC) and the Satellite Towns.
Malam Bello also presented a list of 28 proposed priority projects to be funded from this budgetary proposal which he said is intended for the completion of on-going projects.
In the words of the Minister, “In their selection, the priority of attention was accorded to the completion of on-going projects. Accordingly, the entire projects in the 2021 budgets are for on-going projects”.
Some of the projects to be funded from this budget proposal amongst others include the construction of the Southern Parkway from the Christian Center to Ring Road One, Rehabilitation, and Expansion of the Outer Northern Expressway Project Lot II (Kubwa Road from the Federal Civil Service College to the Villa Roundabout), Rehabilitation of and Expansion of the Airport Expressway (project Lot I) and the completion of the International Vocational Institute Utako and four comprehensive Science and Technical Colleges in Abaji, Gwagwalada, Kuje, and Karshi.
Others include the provision of Engineering Infrastructure to Bwari Area Council, Rehabilitation of the National Assembly complex, design and construction of the Nigeria Cultural Center and Millennium Tower, and development of the Idu Industrial Area Engineering Infrastructure.
The Minister also disclosed that in the case of the Millennium Tower project, the Administration was working on a number of hybrid financing options to complete the project which will include an appropriate dose of public/private partnership. This is to ensure the commencement of commercial activities at the national monument.
Speaking on the 2020 budget, the FCT Minister said its performance was impacted by the outbreak of the COVID-19 Pandemic.
He revealed that the pandemic necessitated the downward review of the initial allocation of N62,407,154,360.00 to N29,657,154,360.00. Of this sum, he said that N15,000,000,000.00 representing 51% has so far been released.
Speaking earlier, the Chairman of the Senate Committee on the FCT, Senator Abubakar Kyari lamented the fact that the annual budgetary allocation to the FCT has declined over the years and said that his Committee, in discharging its duties will be transparent fair, courageous, and always be guided by the dictates of the constitution and rules of parliamentary convention.
On the entourage of the FCT Minister to the national assembly were the Permanent Secretary, Mr. Olusade Adesola, the Executive Secretary FCDA, Engr Umar Gambo Jibrin, and other senior relevant staff of the FCTA
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CSO Salutes Trump
A Civil Society Organization (CSO) under the aegis of Initiative for Leadership Development and Change (ILDC) has congratulated President Donald Trump as the 47th President of the United States of America.
Chief Ugochukwu Nnam, President of the CSO said this in an interview with the Newsmen in Abuja on Monday.
He expressed optimism over improvement on not just American economy but global economy with the inauguration of Trump.
“This is a man with greater vision of making environment around him great.
“In less than few hours of his inauguration, TikTok is back into existence, this shows how he is going to revive the world economy,” he said.
The ILDC boss who reiterated his confidence in Trump’s Presidency, described him as a man of clues and ideas to drive a stable America and the world at large.
He lauded Trump’s collaboration with global entrepreneurs like Elon Musk in an effort to revitalize America’s economy.
According to him, men and women of ideas flock together, they work together for better society and this is what Trump is doing.
Recall that Donald Trump became the 47th President of the U.S by polling 312 electoral votes Vice President Kamala Harris’ 226 votes in Nov, 2024.
Following the oath of office, Trump will address the nation before he is expected to parade across town to the White House and attend three inaugural balls in the evening
About 200,000 supporters are expected to visit the city to mark the presidential transfer of power.
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