FCT 2016 STATUTORY APPROPRIATION ACT

FCT 2016 STATUTORY APPROPRIATION ACT

What Is This Policy?

The annual budget law that appropriated funds for the administration and development of the Federal Capital Territory, Abuja, for the fiscal year 2016.

Who Does It Target?

FCT Administration and its agencies Contractors and service providers in Abuja Residents of the FCT

What Does It Aim to Achieve?

Provide a legal basis for FCT expenditure in 2016, ensuring transparent resource allocation for governance, infrastructure, and social services in Abuja.

Key Features

Recurrent Budget: Allocated funds for staffing and running costs of FCT agencies. Capital Budget: Funded ongoing and new infrastructure projects in the FCT. Social Expenditure: Covered healthcare, education, and community services for FCT residents. Statutory Transfers: Reflects constitutional allocations from the Federation Account to the FCT.

Current Status

Rollout Stage: Executed and closed - 2016 fiscal year Coverage: Federal Capital Territory, Abuja Beneficiaries: FCT residents and government personnel Funding: Federation Account statutory allocation; IGR

How to Access

Historical document; procurement for 2016 is closed Application method: Contact FCTA for historical budget data.

Official Resources

Website: https://www.fcta.gov.ng Contact: FCT Administration

Legal Framework

The FCT 2016 Statutory Appropriation Act derives constitutional authority from Section 299 of the 1999 Constitution, which applies federal laws to the FCT and grants the National Assembly authority to legislate on FCT matters including appropriation. It operates under the Fiscal Responsibility Act 2007, the Finance (Control and Management) Act, and the FCT Administration Act. The Auditor-General for the Federation provides constitutional oversight of FCT spending.