FCT 2026 capital budget implementation hits 60%
The Minister of the Federal Capital Territory (FCT), Ezenwo Nyesom Wike has revealed that the Federal Capital Territory Administration (FCTA) has recorded a 60 percent implementation rate on its 2026 capital budget, despite initial delays in fund releases. The Minister made the revelation in Abuja yesterday while addressing journalists, following a tour of five ongoing […]
The Minister of the Federal Capital Territory, Ezenwo Nyesom Wike, has reported that the administration's capital budget for 2026 is on track, with 60 percent of the planned projects completed ahead of the country's upcoming general elections. During a visit to five key infrastructure sites, Wike dismissed political debates surrounding the budget, emphasizing that execution remains on schedule following presidential approval and fund release.
The minister inspected infrastructure projects ranging from road expansions to diplomatic and commercial assets, including the Arterial Road S1 in Kaura District, the collector road C2 in Life Camp, and Jereton Mariere Street in Gudu district. Additionally, he toured the Arterial Road N16 in Gwarimpa and the IBB International Golf Course, which is undergoing renovations following a presidential directive.
Wike highlighted the rapid transformation of the FCT as a testament to President Tinubu's vision for modernizing federal infrastructure, despite the budget's delayed release.
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