The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has affirmed that the Ministry of Finance has released N50 billion to the FCT to finance ongoing capital projects.

The amount, according to the minister, is 50 per cent of FCT’s N100 billion 2023 supplementary budget approved by the National Assembly.

Wike disclosed this after an inspection tour of some ongoing projects on Thursday.

The minister said that he has directed the permanent secretary to immediately make payments to contractors handling projects in the FCT.

“I am happy to announce to you that the Ministry of Finance has released 50 per cent of the national supplementary budget. That, in a way, has given us hope that the contractors will be paid anytime from now on.

“We have also gotten assent to the FCT Statutory Budget, which again has given us hope that no project will be left uncompleted as promised.

“As you can see, these are quality projects, which we are very satisfied with. We believe that the arrangements made by the contractors will enable us to commission the projects to celebrate Mr President’s one year in office,” he said.

https://.ng/2024/01/04/weve-received-50-of-n100bn-supplementary-budget-fct-minister-wike/

I don't understand which supplementary budget he's talking about. What about the main budget that was signed into law some days ago?

And so?

This Wike still thinks he's a governor 😂.

Oga get to work already and stop this nonsense

The Wike they said most go, is still in office..

Nigerians!

Na only wike fit handle fct

azadus18:
Na only wike fit handle fct

I tell you.

One thing I like about Wike and Amaechi is that you cannot give them an office without them making an impact.

They did a good job as Rivers State governors and also did the same at federal level (Wike is on it), unlike Fashola that got 3 ministerial appointments without making a significant impact.

If you perform well as a minister, governorship go be moi-moi for you. Mr. Olubunmi Tunji-Ojo deserves to be a governor of whatever state he comes from.

SharingIsLife:
I don't understand which supplementary budget he's talking about. What about the main budget that was signed into law some days ago?

when BAT passed the supplementary budget last year, N100b was allocated to FCT as a ministry, 50% of that sum was released this wek. FCT has two budgets, one from FG and the other budget from the fct ministry acting as a state