President Bola Tinubu, on Tuesday, submitted the 2024 budget for the Federal Capital Territory Administration to the House of Representatives for review and approval.
However, his letter to the House didn’t include specific budget figures. Instead, it highlighted that the budget proposal was prepared in accordance with constitutional provisions and aligned with the government’s fiscal policies and development agenda.
The letter reads: “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.
“In addition, the budget proposal takes into consideration, the 2024/2026 economic recovery and growth plan as well as key assumptions in the 2024 budget
“The FCTA is prioritising improvement in health care services, job creation, youth empowerment, and increased productivity in agriculture to lift many citizens as much as possible out of poverty.
“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.
After reading of the letter during the plenary session, Speaker Abbas Tajudeen directed it to the Committee on Appropriation for further review and discussion before its passage.