BUHARI SIGNS N243BN FCT APPROPRIATION, NEW POLYTECHNICS BILLS INTO LAW

President Muhammadu Buhari has assented to the Federal Capital Territory Appropriation Act, 2019, his Senior Special Assistant on National Assembly (Senate Matters) Mr Ita Enang, has said. He said the Act appropriates a total sum of N243,374,511.077 for the 2019 financial year out of which N130.7 billion is for capital expenditure while the balance is for recurrent.

BUHARI SIGNS N243BN FCT APPROPRIATION, NEW POLYTECHNICS BILLS INTO LAW

Published by: Standard Voice News, July 5, 2019

President Muhammadu Buhari has assented to the Federal Capital Territory Appropriation Act, 2019, his Senior Special Assistant on National Assembly (Senate Matters) Mr Ita Enang, has said.

He said the Act appropriates a total sum of N243,374,511.077 for the 2019 financial year out of which N130.7 billion is for capital expenditure while the balance is for recurrent.

“This amount is from the Statutory Revenue Allocation due to the Federal Capital Territory. This is in addition to the budgetary provision of N23, 023, 593, 146 for Capital Expenditure made in the 2019 National Budget earlier assented to by Mr. President on May 27, 2019,” he said.

He said as part of his desire to expand admission opportunities for children in tertiary institutions in the country, the president also assented to bills for the establishment of two polytechnics – Federal Polytechnic, Kaltungo, Gombe state; and Federal Polytechnic, Daura, Katsina state.

“The Laws establishing the named Polytechnics is standard with the Laws establishing all other Federal Polytechnics in Nigeria,” he said. (Blueprint)

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