The Federal Capital Territory Administration(FCTA) would be running on a N1trillion budget in a couple of months as members of the National Assembly are looking to allow the FCTA to run two fiscal budgets concurrently.
The idea raised by the chairman, Senate committee on FCT, Senator Smart Adeyemi, if approved, will enable the administration to meet some of its financial obligations, including the completion of priority projects in the territory.
Recall that the Senate, on October 12, 2022, passed the second reading of the N607.962 billion FCT budget, after several objections over the lateness of its presentation.
However, senator Adeyemi, who led other senators on the inspection…
Source: Nigerian Tribune
