Buhari signs N241.5b FCT budget

President Muhammadu Buhari has signed the 2016 Federal Capital Territory (FCT) Abuja Appropriation Act, the Senior Special Assistant to the President on National Assembly Matters, Senator Ita Enang, has said.

Enang said President Buhari assented to N241.5 billion 2016 FCT budget as passed by the National Assembly.

A statement issued by the presidential aide did not however say when the fiscal document was signed.

Enang said “The legal implantation of the budget, therefore comes into effect, which will result in employment in the formal sectors and informal sectors through projects implementation and employment there from arising.”

On budget of statutory corporations and agencies, Enang said some Nigerians have asked questions on the legal and legislative grounds for laying of the budget of statutory corporations before the National Assembly for consideration and passage.

 

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