FAVOUR ISHEMBER, Abuja
Minister of the Federal Capital Territory, Dr Nyesom Wike has disclosed that the FCT Administration had recorded an impressive 95% performance of the 2024 budget.
This feat is notable, considering the budget’s substantial size of N1.1 trillion.
Wike’s statement underscores the administration’s commitment to effective project implementation.
“In terms of implementation of the 2024 budget, I can tell you we have done not less than 90 – 95 percent of the budget. But that is history.
That has never happened before,” he stated.
Wike who disclosed this during inspection of some ongoing projects in the Territory, revealed that the 2024 budget, extended to June, has not faced funding hindrances, with projects proceeding as scheduled.
The 2024 budget, valued at N1.15 trillion, aims to transform Abuja and its rural communities. Wike assured that the National Assembly’s recess would not impede project implementation, stating “The budget has been conveyed to the National Assembly, and we will defend the 2025 Appropriation Bill when they resume on April 29.”
This accomplishment demonstrates a significant milestone in the territory’s development.
The minister’s inspection of ongoing projects showcases his dedication to ensuring the successful execution of the budget. With this achievement, the FCT Administration sets a strong precedent for future budget implementation.
The Minister expressed satisfaction with the progress of ongoing projects in the territory, citing impressive work quality.
“Frankly speaking, we are very impressed with what was scheduled.The contractors who are handling these various jobs have lived up to expectations and we are also doing our part by making sure payments are also made,so that there will not be delays from either of the sides.
“So the quality of jobs seems quite impressive. Iam so happy with the International Conference Centre ICC.Those of you who knew how it was and see what it is today will be impressed that yes, that conference centre is coming back to what it is supposed to be”, he added.
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