FCT Executes Over 60% of 2026 Capital Budget, Targets Year-end Project Delivery - Wike
Minister of the Federal Capital Territory (FCT) administration, Nyesom Wike, has revealed that the administration has executed over 60% of the 2026 capital budget, with a goal of delivering all projects by year-end.
Wike made the disclosure after inspecting ongoing projects in Abuja, Nigeria's capital city, stating that despite the late release of funds, the administration is on track to meet its targets.
The minister emphasized that the administration is focused on delivering the projects, and urged residents to be patient with the administration as they work tirelessly to complete the projects before year-end.
The minister also addressed concerns about the performance of the Labour Party's presidential candidate, Peter Obi, in Rivers State, urging commentators to rely on electoral facts rather than social media claims when assessing election outcomes.
Projects Inspected
- Over 60% of the 2026 capital budget has been executed
- Over 40% of the budget has been executed in Rivers State
- The administration is on track to meet its targets
- The administration is focused on delivering projects before year-end
Project Delivery Timeline
Speaking on the timeline for project delivery, Wike stated that the administration is working tirelessly to ensure that all projects are delivered before year-end.
He added that the administration is not relying on social media claims but rather focusing on the facts of the ongoing projects.
Performance of Rivers State's Presidential Candidate
Addressing concerns about the performance of the Labour Party's presidential candidate, Peter Obi, in Rivers State, Wike urged commentators to focus on electoral facts rather than social media claims when assessing election outcomes.
He emphasized that social media claims should not be the sole basis for assessing the performance of the administration.
Project Delivery Update
- Over 60% of the 2026 capital budget has been executed
- Over 40% of the budget has been executed in Rivers State
- The administration is on track to meet its targets
- The administration is focused on delivering projects before year-end
President Bola Tinubu's Support
In his remarks, Wike acknowledged the support of President Bola Tinubu for the administration's projects, stating that the president has been supportive of the administration's projects.
He added that President Tinubu's support is crucial for the administration's success in delivering projects before year-end.
Contractor Performance
- Contractors, including Julius Berger and Julius Berger, have been working diligently to complete projects before year-end
- The administration is satisfied with the performance of Julius Berger and Julius Berger contractors
- The administration is committed to ensuring the successful delivery of projects before year-end
Addressing Challenges
Wike acknowledged the challenges faced by the administration during the execution of the projects, stating that the late release of funds affected the pace of work.
He emphasized that the administration is working tirelessly to ensure the successful delivery of the projects before the year-end.
The administration is committed to ensuring the successful delivery of projects before year-end.
<small>Source: The Sun Nigeria — read the original story there.</small>