The House of Representatives has approved the 2026 statutory budgets of N2.28 trillion for the Federal Capital Territory Administration (FCTA) and N1.75 trillion for the Niger Delta Development Commission (NDDC).
The approvals followed the adoption of reports presented by Muktar Betara, Chairman of the House Committee on Federal Capital Territory, and Erhiatake Ibori-Suenu, Chairperson of the House Committee on Niger Delta Development Commission.
For the FCTA, a breakdown of the approved estimate showed that N165.77bn was allocated for personnel costs, N378.2bn for overhead expenditure, while N1.7bn was earmarked for capital projects.
The appropriation is to be funded from the Statutory Revenue Fund of the Federal Capital Territory Administration for the financial year commencing January 1 and ending December 31, 2026.
Similarly, lawmakers approved the 2026 budget of the Niger Delta Development Commission totalling N1.75 trn
Of the amount approved for the commission, N47.5bn was set aside for personnel costs, while N49.92bn was approved for overhead expenditure.
The House also approved N22.35bn for internal capital expenditure and N.63bn for development projects in the Niger Delta region.
The approved budgets are expected to support infrastructure development, administrative operations and capital projects within the Federal Capital Territory and the Niger Delta region during the 2026 fiscal year.
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