Stella Dimoko Korkus.com: Nigeria's Senate Passes N2.2trn FCT 2026 Budget

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Friday, May 08, 2026

Nigeria's Senate Passes N2.2trn FCT 2026 Budget

The Senate has approved the 2026 FCT Statutory Appropriation Bill, giving the Federal Capital Territory a total budget of N2.285 trillion.


The harmonised report, presented by Senator Austin Akobundu, shows the budget is based on projected revenue of N2.385 trillion and allocates N165.7bn to personnel, N378.2bn to overheads, and N1.741tn to capital projects, meaning 76.19% of the entire budget goes to capital development.

Lawmakers praised the plan as balanced and infrastructure‑driven, with Deputy Senate President Barau Jibrin calling it “top notch”, noting that N1.7tn out of N2.2tn going to capital shows strong commitment to transforming the FCT.

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