Friday, May 8, 2026
Politics

House approves N2.3 trillion budget for FCT in 2026

The House of Representatives has approved a N2.285 trillion budget for the Federal Capital Territory for 2026, allocating funds across personnel costs, overhead expenses, and capital projects meant to drive development across the territory.

The budget breakdown reflects the FCT Administration's priorities for the coming year, with substantial portions earmarked for staff salaries and allowances, operational expenses, and infrastructure initiatives. Capital projects will receive significant attention as the territory continues expansion and renovation of key facilities.

The approval came after lawmakers reviewed the budget proposal presented to the House. Details on specific projects and their allocations remain limited, but the scale of the budget underscores the government's commitment to sustaining operations across Abuja's expanding administrative structure.

The FCT, which houses Nigeria's seat of power, requires substantial annual budgets to maintain government facilities, support its growing population, and execute development projects. This budget now moves to implementation phase, with the FCT Administration responsible for executing the approved allocations across all sectors before the year runs out.