The Federal Capital Territory Administration (FCTA) is to spend N45,527,118,338 on 28 priority capital projects in 2021.
The Minister of FCT, Muhammad Musa Bello, disclosed this on Thursday while presenting the FCTA’s 2021 National Capital Budget to the Senate Committee on the FCT.
The minister presented a list of 28 proposed priority projects to be funded from the budgetary proposal which, according to him, is intended for the completion of on-going projects.
“In their selection, priority attention is accorded to the completion of on-going projects. Accordingly, the entire projects in the 2021 budgets are for on-going projects.
“This allocation is to sustain the implementation of critical projects both in the Federal Capital City (FCC) and the Satellite Towns,” he said.
He listed the capital projects to include: construction of the Southern Parkway from the Christian Center to Ring Road One; rehabilitation and expansion of the Outer Northern Expressway Project Lot II (Kubwa Road from the Federal Civil Service College to the Villa Roundabout); rehabilitation and expansion of the Airport Expressway (project Lot I) and the completion of the International Vocational Institute Utako and four comprehensive Science and Technical Colleges in Abaji, Gwagwalada, Kuje and Karshi.
Other projects listed in the capital budget include: provision of engineering infrastructure to Bwari Area Council; rehabilitation of the National Assembly complex, design and construction of the Nigeria Cultural Center and Millennium Tower, and development of the Idu Industrial Area Engineering Infrastructure.
In the case of the Millennium Tower project, the minister explained that the Administration was working on a number of hybrid financing options to complete the project which will include public/private partnership.
This, Bello said, was to ensure the commencement of commercial activities at the national monument.
Speaking on the performance of its 2020 Budget, the minister said it was impacted by the outbreak of the COVID-19 Pandemic.
He revealed that the pandemic necessitated a downward review of the initial allocation of N62,407,154,360 to N29,657,154,360.
Out of N29,657,154,360, he said N15 billion was released, representing 51 percent.
The Chairman of the Senate Committee on the FCT, Senator Abubakar Kyari, lamented the decline in the annual budgetary allocation to the FCT.
He assured that the Committee, in discharging its duties, would be transparent fair, courageous and be guided by the dictates of the constitution and rules of parliamentary convention.
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