By Omeiza Ajayi, Abuja
Residents of Abuja, the nation’s Federal Capital Territory, FCT, have bemoaned the non-implementation of the 2021 statutory budget of the territory weeks after it was reportedly signed into a law by President Muhammadu Buhari.
The Senate had in June passed the FCT 2021 Statutory Budget of of N329 billion (329,963,491,523) while checks by Vanguard revealed that President Buhari signed it into a law on 25th August, 2021.
From the projected revenue of N329,963,491,523, the sum of N74,323,382,813 is for Personnel Costs; N58,728,614,466 for Overheads; and N196,911,494,243 for Capital Projects.
Also, the overall performance of the FCT 2020 Statutory Budget Allocation was 88 percent as of 31st December, 2020.
However, President Buhari was said to have assented to the budget about two weeks ago.
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Source: Vanguard Newspaper