FCT STATUTORY APPROPRIATION ACT AMENDMENT ACT
Budget · Finance
An Act amends the FCT Statutory Appropriation Act to update provisions for the annual budget and financial management of the Federal Capital Territory. It targets the FCT Administration and federal agencies to ensure adequate funding and development. This improves fiscal management and budget transparency.
What Is This Policy?
An Act amending the FCT Statutory Appropriation Act to update provisions for the annual budget and financial management of the Federal Capital Territory.
Who Does It Target?
FCT Administration, residents of the FCT, and federal government agencies operating in Abuja.
What Does It Aim to Achieve?
Improve fiscal management of the FCT, ensure adequate funding for FCT development, and strengthen budget transparency.
Key Features
Framework Standards: Establishes clear standards and guidelines Compliance and Oversight: Provides compliance and monitoring mechanisms Public Benefit: Designed to protect public interest and improve outcomes
Current Status
Rollout Stage: Active/Under implementation or legislative consideration Coverage: Nationwide Lead Agency: Relevant Federal Ministry or Agency
How to Access
Implemented through relevant government agencies. Guidelines and compliance information available through the responsible ministry or agency.
Impact & Metrics
Strengthens institutional, legal, and regulatory capacity in the relevant sector.
Official Resources
Website: nass.gov.ng Contact: Relevant Federal Ministry/Agency, Abuja
Legal Framework
Enacted under the legislative powers of the National Assembly vested by Sections 80 to 82 of the 1999 Constitution (as amended) on the Consolidated Revenue Fund. Operates alongside the FCT Administration Act, the Finance (Control and Management) Act (Cap F26 LFN 2004), the Fiscal Responsibility Act 2007, and the annual Appropriation Act. The FCT Minister operates within the budget framework set by the Federal Executive Council.