FCT 2018 STATUTORY APPROPRIATION ACT

Budget · Finance

Policy date: 2018-01-01

An Act appropriates funds for the administration, infrastructure development, and service delivery in the Federal Capital Territory for 2018. It targets the FCT Administration, contractors, service providers, and residents. This ensures resources for governance and community projects.

FCT 2018 STATUTORY APPROPRIATION ACT

What Is This Policy?

The annual budget law appropriating funds for the administration, infrastructure development, and service delivery of the Federal Capital Territory, Abuja, for the fiscal year 2018.

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?

Allocate public resources for Abuja's governance and development in 2018, ensuring accountability in public spending within the FCT.

Key Features

Recurrent Budget: Covers personnel emoluments and overhead costs for FCT departments. Capital Budget: Funds major infrastructure projects prioritised for the 2018 fiscal year. Social Expenditure: Allocates funds for health, education, and social welfare services. Revenue Projections: Provides statutory estimates of revenue from the Federation Account and IGR.

Current Status

Rollout Stage: Executed and closed - 2018 fiscal year Coverage: Federal Capital Territory, Abuja Beneficiaries: FCT residents and government personnel Funding: Federation Account statutory allocation; IGR

How to Access

Historical document Application method: Contact FCTA for historical budget documentation.

Official Resources

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

Legal Framework

The FCT 2018 Statutory Appropriation Act derives constitutional authority from Section 299 of the 1999 Constitution and the National Assembly's appropriation power over FCT expenditure. 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 fund utilisation.

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