President Bola Ahmed Tinubu has formally submitted the 2025 budget proposal for the Federal Capital Territory (FCT) to the House of Representatives for consideration and approval.
In a letter addressed to the Speaker of the House, Hon. Abbas Tajudeen, and read during Tuesday’s plenary session, the President cited constitutional backing for the presentation.
The letter reads:
“Pursuant to Section 299 of the Constitution of the Federal Republic of Nigeria, 1999 as amended, which vests legislative powers over the Federal Capital Territory, FCT, Abuja in the National Assembly, I hereby present the 2025 FCT budget proposal to the House of Representatives for consideration.”
President Tinubu emphasized key focus areas of the proposal:
“The 2025 FCT budget proposal prioritizes investment in healthcare services, job creation, youth empowerment, social welfare services, education infrastructure, as well as increase in productivity in agriculture.”
He added that the overarching aim of the budget is to improve citizens’ quality of life:
“Our objective is to lift as many of our citizens out of poverty as we can.”
The President noted the fiscal outlook for the FCT in 2025 and the proposed expenditure framework:
“The House of Representatives is invited to know that, on the basis of revenue forecast for the FCT, a total expenditure of N1,783,823,708,392 is proposed for the year 2025.”
He explained the allocation structure of capital spending:
“As such, 85% of capital expenditure is dedicated to the completion of ongoing projects while 15% is for new capital projects, so as to sustain ongoing efforts at providing basic infrastructure and social amenities in the FCT.”
Concluding the letter, President Tinubu expressed confidence in the House’s swift consideration:
“I hereby forward the 2025 FCT statutory proposals and trust that it would receive expeditious consideration and passage by the House of Representatives.”
