The senator representing Lagos East, Tokunbo Abiru, has raised concerns over the proposed N2.2 trillion 2026 budget of the Federal Capital Territory (FCT), saying the document lacks a clear breakdown of revenue sources to fund the spending plan.
The appropriation bill was transmitted to the Nigerian Senate on Tuesday as an executive proposal for consideration and passage.
The budget estimate allocates N165.7 billion for personnel costs, N378.2 billion for overheads and N1.6 trillion for capital expenditure.
However, Abiru argued that the proposal failed to indicate how the funds would be generated, warning that the omission could create distortions during implementation.
According to him, the budget ought to clearly identify the revenue streams that will finance the spending plan.
Despite the observation, the Senate leadership merely noted his concerns as lawmakers moved swiftly to advance the bill.
The proposal, which was read at plenary on Tuesday, passed both first and second readings in the same sitting and was subsequently referred to the Senate Committee on the FCT for further legislative work.
The committee is expected to submit its report next week for consideration and possible passage.
Among those pushing for the speedy passage of the budget are the President of the Senate, Godswill Akpabio; Deputy Senate President, Barau Jibrin; Senate Leader, Opeyemi Bamidele; and Senate Whip, Mohammed Monguno.
