The Nigerian Senate has approved N329.96bn as statutory budget for the Federal Capital Territory for the year 2021.

The budget was passed on Tuesday following the consideration of the report of the Committee on Federal Capital Territory on the FCT Appropriation Bill, 2021.

Chairman of the Committee, Senator Abubakar Kyari from APC, representing Borno North stated that the projected revenue shows that from the N329,96bn, the sum of N74.32bn is for personnel costs; N58.73bn for overheads; and N196.91bn for capital projects.

The Senate on Tuesday also asked the Committee on Appropriations to unfailingly submit report on the N895bn supplementary budget on Wednesday.


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