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N608 billion 2022 FCT Appropriation Bill passed for second reading in Senate 

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The Senate on Wednesday passed for a second reading the N608 billion 2022 Appropriation Bill for the Federal Capital Territory (FCT)
This was after a debate on the general principles of a Bill for an Act to authourise the issue from the  Federal Capital Territory Administration Fund Consolidated Revenue Fund of the FCT Administration Account, the total sum of N607,952,023,580.
Leading the debate on the bill, the Senate Leader, Senator Abdullahi Gobir said “the sum of N76,569, 904,857 is for personnel cost, the sum of 138,199,851,110 is for overhead costs, while the balance of N393,182,267,614 is for capital projects commencing from January 1st and ending December 31st, 2022..
“The fundamental thrust of the FCT 2022 statutory Appropriation Bill is to ensure an effective and enduring service oriented administration for the completion of ongoing projects and the provision of effective services to the residents of the Federal Capital Territory.”
Appraising the 2021 FCT budget, Gobir said, “in 2021 fiscal year ,the FCT Administration received an appropriation of N329,963,491,533 as its statutory appropriation.
“During the year 2021 a total sum of N74,139,912,,289.48 was spent on Personnel costs, representing 100%. The sum of N52,737,261,744.00 was expended on overhead cost, representing 679%, while the sum of N72,730,869,849.00 representing 39% was expended on capital projects.”
He noted that the FCT Administration had been confronted with enormous infrastructure and socio economic challenges by virtue of being the Capital of the nation.
“The FCT population is growing in leaps and bounds. This has over stretched and strained infrastructure and amenities, and thereby slowing down development and growth.
“Furthermore, service delivery has also been adversely affected. Cleaning up the city is becoming more challenging. The few hospitals are fast loosing their essence.
“Also, the standard in the public school system are falling by the day. The population of pupils and students in the public schools is growing daily as parents from across the country are bringing their children and wards to the FCT.
“The FCT requires a minimum of a trillion naira to resuscitate and complete abandoned and ongoing projects within the districts that have so far developed or partially developed”.
Before the bill passed for a second reading, the Senate frowned at the late submission of the FCT 2022 budget for consideration and approval.
It consequently directed that the 2023 budget for the FCT be submitted within one week or risked having zero allocation in 2023.
In his remarks, the Senate President, Ahmad Lawan, said it was sad and unfortunate that a budget for the year 2022 was presented in October, 2022.
Lawan charged the Senate Committee on FCT to liaise with the FCT authority to ensure timely presentation of of its 2023 budget.

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Tinubu Accelerates Northern Rail Projects, Kaduna-Kano Line Set for December 3 Inauguration

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President Bola Ahmed Tinubu has intensified efforts to complete major railway projects across Northern Nigeria, with the Kaduna–Kano Standard Gauge Railway scheduled for inauguration on December 3, 2026.

The 203-kilometre Kaduna–Zaria–Kano railway project has reached approximately 90 per cent completion, while the 400-kilometre Kano–Katsina–Maradi railway project has attained 70 per cent completion.

According to the Federal Government, both projects have recorded significant progress since the Tinubu administration assumed office in 2023. The Kano–Katsina–Maradi project was reportedly at just five per cent completion, while the Kaduna–Kano line was below 30 per cent.

The projects form part of the administration’s commitment to expanding Nigeria’s railway network, improving regional connectivity and facilitating the movement of passengers and goods across the country and beyond.

The Kaduna–Kano railway, an extension of the existing Abuja–Kaduna Standard Gauge Railway, is expected to establish a continuous rail connection between Abuja, Kaduna, Zaria and Kano, strengthening transportation links among key commercial centres in Northern Nigeria.

To assess the level of progress, President Tinubu recently directed a Federal Government inspection team, led by the Permanent Secretary of the Federal Ministry of Transportation, Engr. Funso Adebiyi, to inspect the projects.

Adebiyi expressed satisfaction with the quality of construction work, particularly the railway alignment, drainage systems, embankment protection, stone pitching and soil stabilisation.

The inspection also featured a train test run from Jaji in Kaduna State to Kano, enabling officials to assess the completed track infrastructure and passenger comfort.

President Tinubu has further directed that outstanding land acquisition and compensation issues within Kaduna metropolis be resolved immediately to facilitate the completion of the railway corridor connecting Abuja to Kano.

The Federal Government disclosed that the completed 190-kilometre Jaji–Kano section of the Kaduna–Kano railway, alongside the 250-kilometre Dawanu–Kano–Kazaure–Daura–Katsina section of the Kano–Maradi project, is scheduled for inauguration on December 3, 2026.

When fully operational, the Kaduna–Kano railway is expected to ease passenger movement, boost commercial activities and provide a safer alternative to road transportation along one of Northern Nigeria’s busiest economic corridors.

Similarly, the Kano–Katsina–Maradi railway is expected to enhance cross-border transportation, strengthen regional trade and deepen economic relations between Nigeria and neighbouring Niger Republic.

The Federal Government reiterated its commitment to ensuring that ongoing infrastructure projects across the country are completed and delivered in line with their scheduled timelines.

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FG Begins ₦50,000 Monthly Cash Relief for Vulnerable Nigerians

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The Federal Government has commenced a monthly cash relief programme offering ₦50,000 to vulnerable Nigerians to cushion the effects of rising living costs and economic hardship.

The Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, disclosed this in a statement issued on Friday in Abuja, announcing the National Emergency Relief and Stabilisation Intervention (NERSI), a presidential initiative aimed at providing direct financial support to millions of vulnerable households.

Doro said the intervention was introduced in response to global food inflation and rising prices of essential goods, which continue to put pressure on household finances.

Under the programme, eligible beneficiaries will receive ₦50,000 monthly to help meet essential needs and ease the burden of the rising cost of living.

The minister explained that the intervention would be reviewed periodically in line with prevailing economic conditions, with beneficiaries notified directly before any adjustment.

He said the ministry was working with licensed digital financial service providers to ensure secure, transparent and timely disbursement of the funds.

According to him, beneficiaries will receive text messages from the providers seeking their consent before payments are made directly into their bank accounts or mobile wallets.

Doro clarified that beneficiaries are not required to apply, pay any fee or register through agents to access the programme.

He warned Nigerians against fraudsters, urging them not to disclose their Personal Identification Numbers (PINs) or Bank Verification Numbers (BVNs) to anyone.

The minister advised those uncertain about any message or facing demands for payment to contact the official NERSI helpline on 0700-022-2222.

He said the intervention complements existing Federal Government social protection and economic support programmes, while strengthening household resilience and economic stability.

Doro added that the initiative aligns with President Bola Tinubu’s Renewed Hope Agenda and underscores the ministry’s commitment to delivering social support with dignity, transparency and accountability.

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Ekiti Bureau Congratulates Oyebanji, Prioritises Curbing Capital Flight

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The Ekiti State Bureau of Local Content has congratulated Governor Biodun Oyebanji on his inauguration for a second term in office, pledging to prioritise efforts to address capital flight and strengthen the state’s economy.

The Bureau, in a congratulatory message issued by its management, and signed by the director of Admin Mr Tope Fasoyin, described the governor’s second-term inauguration as an opportunity to consolidate the achievements of his first tenure and advance policies aimed at promoting sustainable economic development in the state.

 

The agency reaffirmed its commitment to supporting the governor’s vision of retaining more economic resources within Ekiti State through effective implementation of local content policies.

 

It said efforts would be intensified to promote the participation of indigenous businesses in government projects, encourage patronage of locally produced goods and services, and create more opportunities for local contractors, suppliers, and service providers.

 

According to the Bureau, prioritising local content would help reduce capital flight, stimulate indigenous enterprise, create employment opportunities, and ensure that more economic benefits accrue to the people of Ekiti State.

 

The management also pledged to collaborate with relevant stakeholders to ensure that the governor’s economic development agenda is translated into tangible benefits for residents.

 

It expressed confidence that Governor Oyebanji’s second term would bring renewed opportunities for economic growth, investment, and sustainable development across the state.

 

The Bureau wished the governor a successful and impactful second term in office.

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