Good governance: FCT capital budget hits 60% performance

Date:

Performance for the Federal Capital Territory’s 2026 capital budget has reached 60 percent, enabling contractors to return to full capacity on major infrastructure projects across Abuja, FCT Minister Nyesom Wike disclosed on Wednesday.

Addressing journalists during a routine inspection tour of several major road projects, Wike explained that while initial release delays briefly affected contractor payments, funding flows have stabilized.

He assured residents that steady cash flow will keep critical road developments on track for completion well ahead of the 2027 general elections.

During the tour, the minister evaluated progress on several key sites, including Arterial Road SI in Kaura District, Collector Road C2 in Life Camp, Jereton Mariere Street in Gudu District, and the ongoing remodeling of the IBB International Golf Course, which is scheduled to reopen for tournaments by November.

READ MORE  Police officers, others deployed to FCTA tasked on work ethics

In particular, Wike singled out Arterial Road N16, connecting Ring Road II to Ring Road III, as a major milestone.

He noted that despite challenging terrain and extensive bridge construction along the corridors, contractors have committed to delivering the project by the first week of January.

According to him, the steady execution of these key projects demonstrates how President Bola Tinubu’s administration has fundamentally redefined infrastructure delivery across the nation’s capital.

He also dismissed early political maneuvering ahead of upcoming election cycles, advising aspirants to present tangible records of service rather than engage in political distractions.

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

READ MORE  Entrepreneurship: AEA ups training of rural women, youth

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

BREAKING: Court voids Pantami’s PDP ticket, orders fresh primary

The Federal High Court sitting in Gombe has ordered...

Power Minister Hails China’s Contributions to Nigeria’s Development

By Ochiaka Ugwu Nigeria’s Minister of Power and Director-General of...

Etsu Nupe Commends Kebbi Governor’s Respect For Traditional Institution

Etsu Nupe Commends Kebbi Governor’s Respect For Traditional Institution   The...

AUPCTRE’s New Dawn In Kano: Manji Pledges Effectiveness, Workers’ Defence

The Amalgamated Union of Public Corporations, Civil Service, Technical...