FCT Minister announces 95% budget implementation

By: Abba Onyekachukwu, Abuja.
Federal Capital Territory (FCT) Minister Barr Ezenwo Nyesom Wike has announced a significant milestone in the implementation of the FCT’s 2024 statutory budget, with a remarkable 95% execution rate. This achievement is unprecedented, according to the Minister, who disclosed this during an inspection of ongoing infrastructure projects across the territory.
According to a press statement from the Director Press, Office of the Minister, Anthony Ogunleye on Monday, some of the key projects inspected include: A Kilometer six-lane dual carriageway connecting Life Camp Junction to Ring Road III, being constructed by Julius Berger; Access road from Nnamdi Azikiwe Expressway to Judges Quarters in Katampe District; the International Conference Centre Renovation. The Minister expressed delight at the rapid progression of the extensive renovation, which has transformed the facility.
Barr. Wike attributed this success to the extension of the FCT’s 2024 statutory budget by the National Assembly until June 2025, allowing for adequate funding and progress on ongoing projects. He also commended contractors for their dedication and commitment to delivering high-quality work within stipulated timelines.
The Minister announced that these key projects would be inaugurated in May 2025 to commemorate President Bola Ahmed Tinubu’s second-anniversary celebration. He assured that the FCT Administration has ensured necessary funding to avoid delays in completion.
L-R: Ag ES FCDA, Engr. Richard Dauda, FCT Minister Barrister Nyesom Wike, Regional Manager, Julius Berget Plc, Engr.Oliver Berger and Senator Mao Ohuambuwa, during the Minister’s tour of the International Conference Center, Abuja on Monday.