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Home»Business/Economy/Banking & Finance»Wike targets 80% budget implementation
Business/Economy/Banking & Finance

Wike targets 80% budget implementation

NewsdeskBy NewsdeskApril 17, 2026Updated:April 17, 2026No Comments2 Mins Read
FCT-Minister-Nyesom-Wike
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Minister of the Federal Capital Territory (FCT), Nyesom Wike, has expressed optimism that the FCT Administration will achieve 80 per cent implementation of its 2026 budget by January 2027.

Wike disclosed this to journalists after inspecting ongoing projects in Abuja on Thursday, assuring that the target is feasible despite the tight timetable for the 2027 general elections scheduled for January.

He assured residents that ongoing projects would not be slowed by political activities, adding that planned projects would be completed before January.

“It is very feasible. The election will come, but people will work and people will eat. Our focus is clear: deliver projects, improve lives, and keep Abuja moving.

“We will not stop working because the 2027 election is around the corner. I assure you that before we get to January, we must have done over 80 per cent of what we intend to do.

“So, we don’t have any problem with the 2027 elections,” he said.

He, however, explained that the FCT Administration is still operating with the 2025 budget, adding that the 2026 budget has not yet been approved.

“We are still working on the 2025 budget, which will be extended until the end of June, and by the time the National Assembly resumes on April 21, the 2026 budget will be approved,” he said.

Speaking on the inspected projects, Wike said the Airport Road to Kuje Expressway is almost completed, adding that it will be handed over by the end of May.

He also said that the first phase of the Kuje–Gwagwalada Road has reached an advanced stage and will also be completed by the end of May.

He explained that the inspection tour was part of efforts by the FCT Administration to ensure contractors meet deadlines and deliver quality infrastructure across the territory.

The minister also dismissed allegations by the African Democratic Congress (ADC) that the FCT Administration attempted to frustrate its convention by targeting the Rainbow Event Centre.

Wike said there was no interference, adding, “These people should just stop looking for sympathy.”

2026 budget 2027 general elections ADC
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