On Tuesday, President Bola Tinubu presented the 2024 budget proposal for the Federal Capital Territory Administration to the House of Representatives for review and approval.
In the letter read during the plenary session, President Tinubu highlighted that the budget proposal aligns with sections 121 and 299 of the Constitution of the Federal Republic of Nigeria, 1999. However, the letter did not include specific estimates.
The letter stated: “In line with the provisions of sections 121 and 299 of the Constitution of the Federal Republic of Nigeria, 1999, the Honourable Minister of the Federal Capital Territory has prepared the 2024 budget proposal of the FCT which is here before you for the consideration and approval by the National Assembly.
“The proposal has been prepared based on the FCTA revenue and expenditure focus and is in line with the fiscal and development policy of the federal government and the Renewed Hope Agenda.” It continued.
President Tinubu emphasized the FCTA’s priorities, which include enhancing healthcare services, fostering job creation, empowering youth, and boosting agricultural productivity to alleviate poverty.
The letter concluded: “I hereby forward the 2024 statutory budget proposal of the FCTA and I trust that it will receive the kind consideration and expeditious approval of the House of Representatives. Please accept the assurances of my highest regards.”
Following the reading of the letter, Speaker Abbas Tajudeen, presiding over the session, instructed that the request be forwarded to the Committee on Appropriation for deliberation in preparation for the budget passage.
