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Wike Defends FCT's ₦1.78 Trillion 2025 Statutory Budget Before National Assembly - Politics - Nairaland se2m

Wike Defends FCT's ₦1.78 Trillion 2025 Statutory Budget Before National Assembly (7351 Views)

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CapitalLens: 5:46am On May 22

Minister of the Federal Capital Territory (FCT), Barrister Ezenwo Nyesom Wike, on Wednesday, May 21, 2025 successfully defended the FCT’s proposed N1.78 trillion 2025 statutory budget before the House of Representatives and Senate Committees on the FCT at the National Assembly.

In separate presentations, the FCT Minister highlighted that a significant 72.30 per cent of the total proposed budget, amounting to N1,289,690,124,776, was earmarked for capital expenditure while the remaining 27.70 percent, totaling N494,133,583,616 was for recurrent expenditure.

A detailed overview of the capital budget estimates presented by the Minister revealed key allocations of N80 billion for SUKUK loan projects, N25 billion for the Abuja Light Rail project, N15 billion for Abuja Greater Water Supply, and N250 billion from commercial loans to complete ongoing capital projects in the FCC and satellite towns. The remaining N919,690,124,776 was dedicated to the completion of ongoing capital projects and counterpart-funded initiatives aimed at boosting socio-economic activities across the FCT.

Further breakdown of the capital expenditure showed that N801.5 billion was allocated to the FCDA, N137 billion to the STDD, and N351.2 billion to other Secretariats, Departments, and Agencies (SDAs) for their capital expenditures and select new projects.

Barrister Wike emphasized that the 2025 capital budget prioritizes the completion of critical ongoing infrastructure projects. These include the completion of roads B6 and B12, full scope development of Arterial Road N20, provision of engineering infrastructure to Guzape, Wuye, and Maitama II Districts, extension of Inner Southern Expressway (ISEX), and full scope development of FCT Highway 105 (Kuje Road).

Other vital projects are the construction of Northern Parkway from Ring Road II to Ring Road III, full scope development of Arterial Road N20 from Arterial Road N5, rehabilitation of Old Keffi Road, full scope development of Arterial Road N1, and provision of access roads to Bus Terminals. Additionally, the upgrading of Ushafa War College/Army Check Point Road, the construction of Pai-Gomani Road, and dualization of Kuje-Gwagwalada road are also included.

On recurrent expenditure, N150,353,906,168 (8.43 percent of the total) was proposed for personnel costs, while overhead cost was allocated N343,779,448 (19.27 percent).

Sectoral highlights of the FCT’s 2025 statutory budget proposal showed that infrastructural sector (Roads, Districts Development and Public Buildings) was allocated the sum of N383.5 billion, Transportation sector has a provision of the sum of N79.3 billion, education sector has a budgetary proposal of N181 billion while the health sector has a proposed sum of N54 billion in the year 2025.

Other sectors, such as environment, was allocated the sum of N22.9 billion, Water sector got the sum of N37.4 billion, agriculture got the sum of N8.3 billion, social development sector got the sum of N23.7 billion, legal services got N7.7 billion, land istration got N1.5 billion while Area Councils Services Secretariat was allocated the sum of N3.1 billion.


The FCT Minister also outlined the FCT’s 2025 revenue fiscal framework, comprising distributable revenue of N1,392,573,937,087 and non-distributable revenue of N391,249,771,305. Revenue sources include proceeds from the 1 per cent of the 52.68 percent statutory allocation of the Federal Government from the Federation , Internally Generated Revenue (IGR), and other sources as detailed in the Revenue Fiscal Framework.

Barrister Wike reiterated the FCT istration's commitment to completing ongoing projects, many of which were initiated by previous istrations. He expressed the current istration's determination to see the projects to conclusion.

The Minister acknowledged and commended the consistent of the National Assembly to the FCT istration, specifically praising the swift consideration of the 2025 statutory budget proposal. “It’s not been long that Mr. President sent this to you and expeditiously, you’ve done the first and second reading and now we are in Committee stage. It has never happened. Since your inception, you have always given us that . We have never suffered any delay in budget age. We want to say that we will not take this for granted. We will continue to cooperate with you for the development of the FCT,” he stated, while urging for an accelerated age of the FCT’s 2025 statutory budget proposal.

He also informed the lawmakers about the inauguration of completed infrastructure projects in the city center and satellite towns. He disclosed that the inaugurations were scheduled to take place over 19 days, commencing on June 10, 2025, to commemorate President Bola Ahmed Tinubu’s second anniversary in office. The Minister used the occasion to extend an invitation to the lawmakers to attend the significant events.

Speaking earlier, the Chairmen of the House of Representatives and Senate Committees on the FCT, Hon. Aliyu Betara and Senator Ibrahim Bomai respectively, lauded the exceptional performance of Mr Nyesom Wike as Minister of the Federal Capital Territory (FCT).

They also commended the FCTA over the 85 percent implementation of the 2024 statutory budget and prioritization of capital projects in the 2025 budget and pledged the continued of the National Assembly for the FCT istration.

According to Bomai, “What FCT has presented is one of the best budgets so far. Also, the N608 billion projected Internally Generated Revenue for 2025 also shows a significant improvement".

Other lawmakers, including Senators Ireti Kingibe, Adams Oshiomhole, Ali Ndume and Abdul Ningi also took turns to applaud the exemplary performance and dedication of the FCT minister to deliver the dividend of democracy to FCT residents in line with the renewed hope agenda of President Bola Tinubu.

3 Likes

phemmie06(m): 6:29am On May 22
Please, someone should help, is the same 2025 that is almost halfway or another one, which fund has he been using or what?

7 Likes

Zico5(m): 6:30am On May 22
You gave bone to the dog and you asked him to defend how he managed it. Isn't that something huge? Someone is causing problem in Rivers state because he wants it's allocation but you are freely throwing 1.7 trillions to him to manage. You and I know where the chunk of the money will go.
Lere Olayinka will cut his own and defend him very well. Other member of Rivers being sacked from Fubara istration will cut their own. The the FCT residents will suffer for it cos the tax the man will impose just to cover for himself won't be reasonable. Let's wait and see how things will go in few months. Tinubu is truly working.

17 Likes 3 Shares

cjudy(m): 6:30am On May 22
Settle some official then come to the house and talk rubbish then they will clap for you. Money otilor

12 Likes

Giftimoni: 6:32am On May 22
Lol


https://www.youtube.com/watch?v=jYf0HwPFsnQ

cjudy:
Settle some official then come to the house and talk rubbish then they will clap for you. Money otilor
malali: 6:33am On May 22
• President Bola Tinubu – Minister of Petroleum Resources
• Wale Edun – Minister of Finance and Coordinating Minister of the Economy
• Mohammed Badaru Abubakar – Minister of Defence
• Lateef Fagbemi – Minister of Justice and Attorney General of the Federation
• Yusuf Tuggar – Minister of Foreign Affairs
• Mohammed Idris Malagi – Minister of Information and National Orientation

• Nyesom Wike – Minister of the Federal Capital Territory (FCT)
• Gboyega Oyetola – Minister of Marine and Blue Economy
• Bosun Tijani – Minister of Communications, Innovation and Digital Economy
• Dele Alake – Minister of Solid Minerals Development
• David Umahi – Minister of Works
• Festus Keyamo – Minister of Aviation and Aerospace Development
• Adedayo Adelabu – Minister of Power
• Doris Uzoka-Anite – Minister of State for Finance
• Betta Edu – Minister of Humanitarian Affairs and Poverty Alleviation

• Abubakar Momoh – Minister of Regional Development
• John Owan Enoh – Minister of State for Industry, Trade and Investment
• Jumoke Oduwole – Minister of Industry, Trade and Investment
• Muhammadu Maigari Dingyadi – Minister of Labour & Employment
• Idi Maiha – Minister of Livestock Development
• Bianca Odumegwu-Ojukwu – Minister of State for Foreign Affairs
• Ibrahim Gaidam – Minister of Police Affairs
• Imaan Sulaiman-Ibrahim – Minister of Women Affairs
• Ayodele Olawande – Minister for Youth Development
• Tunji Alausa – Minister of Education

• Suwaiba Ahmad – Minister of State for Education
• Muhammad Ali Pate – Coordinating Minister of Health and Social Welfare
• Uba Maigari Ahmadu – Minister of State for Regional Development
• Yusuf Abdullahi Ata – Minister of State for Housing and Urban Development
• Joseph Utsev – Minister of Water Resources and Sanitation
• Bello Muhammad Goronyo – Minister of State for Works
• Ekperikpe Ekpo – Minister of State for Gas Resources
• Heineken Lokpobiri – Minister of State for Petroleum Resources
• Zephaniah Jisalo – Minister of Special Duties and Inter-governmental Affairs
• Uche Nnaji – Minister of Innovation, Science and Technology
• Nkiruka Onyejeocha – Minister of State for Labour and Employment
• Shuaibu Audu – Minister of Steel Development

• Hannatu Musawa – Minister of Art, Culture, Tourism and the Creative Economy.

WHEN ARE THE OTHER MINISTERS GOING TO TELL US WHAT NIGERIA'S MONEY IS BEING SPENT ON.

The Tinubu istration, bloated with ministers from every corner of political patronage, must answer one simple question: Where is the money? Nigerians are drowning in inflation, joblessness, and insecurity,yet over ₦7 trillion was swallowed by the defense budget alone. Where are the results?

The Minister of Defence, Mohammed Badaru, owes us a public breakdown.
Are terrorists now flying drones? No.
Are citizens safe? No.
But villas in Maitama and houses in London keep popping up like mushrooms in monsoon,owned by government officials.


How is it that Ukraine, mid-war, spends less than Nigeria on defense, and yet has more functional air raids and territorial integrity? What are we funding,a ghost army or private security for the elite?

Every single minister in Tinubu’s bloated FEC must submit to public auditing, not just Power, Finance, or Petroleum. We want to see:
• What projects were proposed?
• How much was allocated?
• What impact was felt?

This government cannot treat the Nigerian budget like a loot-sharing ritual. We demand ledgers, not slogans.

The people are awake now. This silence will not last.

17 Likes 2 Shares

Tjra: 6:34am On May 22
Nyesom Wike aka Mr Projects

Man is a performer par excellence.

Keep choking them with doings.

5 Likes

4tomandchi: 6:35am On May 22
God bless Mr. Project the best thing to ever happen to FCT

2 Likes

helinues: 6:40am On May 22
Toh

Mr project himself

21 Likes

dahmie2013: 6:43am On May 22
Sure he has never had it this good. He's really enjoying his role.

3 Likes 1 Share

Didijiji: 6:44am On May 22
Give him 3 trillion

He is the only thing working in this good-for-nothing government

4 Likes

Sccarrr: 6:45am On May 22
You can hate him but can't deny the fact he dey work

6 Likes

free2ryhme: 6:46am On May 22
[quote author=CapitalLens post=135460039][/quote]

Anything for corruption
Leviticuscreed: 6:59am On May 22
Wike hold kurubu nude nothing anybody Wan tell me
confluence: 6:59am On May 22
Election thing if you know you know

1 Like

chrisxxx(m): 7:03am On May 22
The dimgba of Iwhurohna land. The Ogirinya of Ikwerre land. The Otu badu ogu badu of Apara Kingdom. Akalam ji meka.
seanery: 7:04am On May 22
Gathering of Thievess

2 Likes

loan: 7:07am On May 22
Ndume said it is the Senate that is doing well that means not wike.
Chinjo2: 7:09am On May 22
National Assembly empowering Wike ahead of the next election.

3 Likes

ayoamty: 7:11am On May 22
Everyone of them will bear the consequences of empowering this taut

3 Likes

Mumusaphire: 7:11am On May 22
How much is Nigeria budget?
AlwaysPositive: 7:15am On May 22
They should give him 20 trn.

1 Like

Judolisco(m): 7:17am On May 22
Wike dey always carry dis him minister for state along.... That's very good....

1 Like

Purevibe74: 7:20am On May 22
Even if Wike appear without saying a word the money will still be approved all this acting is just for formalities.

3 Likes

NOETHNICITY(m): 7:21am On May 22
I love Wike

1 Like

Antichristian2: 7:27am On May 22
Stam!

Defender aye!

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