Reps Approve N1.75tn NDDC Budget, N2.28tn for FCT in 2026

The House of Representatives on Thursday approved the 2026 statutory budgets of the Niger Delta Development Commission (NDDC) and the Federal Capital Territory Administration (FCTA) after considering and adopting reports presented during plenary.

The approvals followed the presentation of reports by the Chairman of the House Committee on Federal Capital Territory, Muktar Aliyu Betara, and the Chairperson of the House Committee on Niger Delta Development Commission, Erhiatake Ibori-Suenu.

For the FCTA, the House approved a total expenditure of N2,285,098,676,153 for the 2026 financial year.

A breakdown of the approved FCT budget shows that N165.78 billion was allocated for personnel costs, N378.23 billion for overhead costs, while N1.74 trillion was earmarked 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.

The House said the budget proposal was considered following the report of the Committees on Federal Capital Territory and Federal Capital Territory Area Councils and Ancillary Matters.

Similarly, lawmakers approved the 2026 statutory budget of the NDDC totalling N1,750,923,400,137.

According to the breakdown of the approved NDDC budget, N47.57 billion was allocated for personnel expenditure, N49.93 billion for overhead expenditure, N22.36 billion for internal capital expenditure, while N1.63 trillion was approved for development projects across the Niger Delta region.

The approval followed the consideration of the report presented by the House Committee on Niger Delta Development Commission chaired by Ibori-Suenu.