2bn naira approved as palliative for the FCT - Wike confirms after meeting with Tinubu

The Minister of the Federal Capital Territory (FCT), Nyesom Wike has revealed that President Bola Tinubu has approved two billion naira as palliative for the FCT.

The disclosure was made on Monday, August 28 when he met with contractors at his office after the maiden Federal Executive Council (FEC) meeting of the current administration.

Confirming the approval of the two billion as palliative for FCT residents, the minister indicated that the fund will primarily solve the challenge of transportation, Channels TV reports.

He said further that the FCT administration will consider its internally generally generated revenue although the Federal Government is looking to increase funding for projects.

He also warned that there would be no room for excuses from contractors.

The Federal Government had approved billions of naira for the 36 states of the federation and the FCT to enable them to cushion the impact of the fuel subsidy removal on the people.