…Niger Delta Development Commission gets N1.750trn budget
The House of Representatives on Thursday approved the 2026 statutory budgets of the Federal Capital Territory Administration (FCTA) and the Niger Delta Development Commission, with total allocations of N2.285 trillion and N1.750 trillion respectively, following the adoption of committee reports during plenary.
The approval of the FCTA budget followed the consideration and adoption of the report presented by the Chairman of the House Committee on Federal Capital Territory, Hon. Muktar Aliyu Betara.
According to the approved breakdown, the House passed a total expenditure of N2,285,098,676,153 for the 2026 financial year. Out of the amount, N165,775,220,839 was earmarked for personnel costs, N378,231,411,697 for overhead costs, while N1,741,092,043,617 was allocated for capital projects.
The appropriation is to be drawn from the Federal Capital Territory Administration’s Statutory Revenue Fund for the service of the FCT for the financial year beginning January 1 and ending December 31, 2026.
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The budget proposal was considered after the adoption of the report of the joint Committees on Federal Capital Territory and Federal Capital Territory Area Councils and Ancillary Matters.
Also during plenary, the House approved the 2026 budget of the Niger Delta Development Commission totalling N1,750,923,400,137.
The approval followed the adoption of the report presented by the Chairman, House Committee on Niger Delta Development Commission, Hon. Erhiatake Ibori-Suenu.
A breakdown of the approved NDDC budget showed that N47,567,421,121 was allocated for personnel expenditure, while N49,929,253,117 was approved for overhead expenditure.
The House also approved N22,357,552,302 for internal capital expenditure and N1,631,069,173,597 for development projects across the Niger Delta region.
The approved budgets are expected to support infrastructure development, administrative operations, and capital projects within the FCT and the Niger Delta region during the 2026 fiscal year.
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