fbpx
Business

FCT 2021 appropriation bill scales second reading in Senate

The Federal Capital Territory Appropriation Bill for the 2021 fiscal year scaled second reading during plenary on Tuesday.

The bill which was sponsored by the Senate Leader, Yahaya Abdullahi (APC – Kebbi North), seeks to authorize the sum of N299,963,491,523 from the Federal Capital Territory Administration Consolidated Revenue Fund.

Out of the total amount, the sum of N74,523,382,813 is for personnel cots; N61,788,967,930 is for Overhead Costs; while N163,651,140,779 is for Capital Projects.

According to Senator Abdullahi, “the thrust of the FCT 2021 Statutory Budget is to ensure an effective and enduring service oriented Administration for the completion of ongoing projects and the provision of effective services to the residents of the FCT.”

The bill after passing second reading was referred to the Committee on FCT, Chaired by Senator Abubakar Kyari.

Back to top button

Discover more from Dateline Nigeria

Subscribe now to keep reading and get access to the full archive.

Continue reading