Featured Politics News

Buhari signs N243.3bn FCT 2019 Budget into law

President Muhammadu Buhari has signed the N243.37 billion Federal Capital Territory Appropriation Bill 2019, into law.

The President’s Senior Special Assistant on National Assembly Matters (Senate), Sen. Ita Enang, disclosed this on Friday in Abuja.
Enang told State House correspondents that N130.7 billion of the amount is for capital expenditure while the remaining balance is for recurrent expenditure.
He said: “This amount is from the Statutory Revenue Allocation due to the Federal Capital Territory.
“This is in addition to the budgetary provision of N23,023,593,146 for capital expenditure made in the 2019 Budget earlier assented to by Mr President on May 27, 2019.’’
The presidential aide also disclosed that the president assented to bills for the establishment of two federal polytechnics in Nigeria.
He said the bills were signed “as part of his (President Buhari’s) desire to improve and expand admission opportunities for children in tertiary institutions in the country”.
He named the two polytechnics as the Federal Polytechnic, Kaltungo, Gombe State; and the Federal Polytechnic, Daura, Katsina State.
Enang added that “the law establishing the named polytechnics is standard with laws establishing other federal polytechnics in Nigeria’’.

Related posts

UN relief agency suffers $200m budget deficit

By Meletus EZE

FG inaugurates Abuja Rail Project, lauds China for investing in Nigeria

Editor

Vote-buying increased by 5% in 2023 election, says NBS

Editor

IBEDC energies Ijaiye communities after 8 years of blackout

Editor

IOM assists 150 Nigerians to return home from Niamey

Editor

Border Closure: FG inaugurates NFAN executives to boost fish production

Meletus EZE