23 March 2021 By Remi Johnson
The Minister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello has presented the FCT 2021 Statutory Budget proposal in the sum of ₦299,963,491,522.46 to the Senate Committee on FCT.
A break down of the total expenditure shows that total recurrent expenditure is ₦136,312,350,743.21 while capital expenditure is ₦163,651,140,779.25 .
Also, the sum of N74,523,382,813.15 is proposed as Personnel cost while
overhead Costs is ₦61,788,967,930.06.
Equally, the sum of ₦136,312,350,743.21 representing 54.56% is proposed as capital expenditure for the year 2021, which is for development of infrastructure with emphasis on completion of ongoing projects.
Out of the proposed capital expenditure, the sum of ₦78,793,795,841.000 is dedicated to the completion of the ongoing Abuja Light Rail project and other projects aimed at enhancing socioeconomic activities of the FCT.
Similarly, the Federal Capital Development Authority (FCDA) is allocated the sum of ₦26.7 billion and Satellite Towns Development Department (STDD) the sum of ₦17.7 billion.
Also, other SDAs were allocated the cumulative sum of ₦40,903,488,220.00 for their capital expenditure to address critical areas like ongoing road construction, water treatment plants and related facilities.
Presenting the Budget estimates to the Senate, Bello said the 2021 budget preparation aligned with the Federal Government budget parameters, which took into consideration assumptions for the 2021 national budget.
Bello added that the budget proposal had also taken into account the estimated revenue accruing to the FCT through the federation account and recognises other in-house efforts to boost revenue generation capacities in FCT.
He explained that the focus of the capital budget is mainly on completion of ongoing projects with high impact on service delivery to FCT residents.
According to him, there is an increase of the sum of ₦100,722,960,173.00 (34%) in the 2021 budget proposal, when compared with the revised 2020 appropriation of the sum of ₦199,240,531,350.00.
Furthermore, the Minister explained that the sum of ₦7.5 billion is earmarked for expansion and rehabilitation of seven major roads in 2021, to speed up completion before the end of the fiscal year.
He added that the sum of ₦17.7 billion is proposed for infrastructural development in the Satellite Towns, engineering infrastructure to Kubwa, Bwari, Karshi, Wasa and extension of Karshi-Apo Road.
While thanking the committee for the opportunity provided to the FCT Administration to defend its 2021 statutory budget proposal, Bello expressed conviction that with legislative and moral support, the development of the nation’s capital city to its envisaged status of a modern city comparable to any in the world will be achieved.
Earlier, in his welcome remarks, Chairman of the Senate committee, Senator Abubakar Kyari, said the committee will ensure the full implementation of the budget, through its oversight functions, to ensure effective service delivery to residents of the FCT.
He however reiterated that the FCT Minister should ensure that the budget proposal is presented on or before September of the preceding year, for efficient deliberations and implementation.
Some of the critical projects to be executed by the FCT Administration in the 2021 statutory budget proposal are; rehabilitation and expansion of outer southern expressway, expansion and extension of inner southern expressway, construction of southern Parkway from Christian Centre, B6 B12, Reconstruction of and dualisation of Lower Usuma Dam-Gurara Road, construction of access roads for Abuja Light Rail stations and resurfacing of existing roads.