The House of Representatives has approved the N2.3 trillion 2026 statutory budget for the Federal Capital Territory (FCT). The decision followed the adoption of a report presented by Muktar Betara (APC, Borno), who chairs both the House Committee on FCT and the Committee on Appropriations. The budget seeks authorisation for expenditure from the statutory revenue fund of the Federal Capital Territory Administration (FCTA) for the 2026 fiscal year.
A detailed breakdown shows N165.7 billion allocated to personnel costs, N378.2 billion for overheads, and N1.741 trillion for capital projects. The capital component forms the bulk of the budget and is expected to drive infrastructure development across the territory. President Bola Tinubu transmitted the budget proposal to the National Assembly in March, stating it aligns with the 2025–2028 Economic Recovery and Growth Plan and the assumptions guiding the 2026 national budget.
The president said the budget prioritises healthcare delivery, job creation, social welfare, education, infrastructure, and agricultural productivity in the FCT. Unlike state budgets, the FCT budget requires National Assembly approval because the territory is directly administered by the federal government through the FCTA. The president is constitutionally required to send the FCT's annual budget estimates to the National Assembly for approval before implementation.
