RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Tinubu Allocates N25 Billion for FCT Healthcare Projects, Wike Rebuffs Protest Threats

Rate Captain by Rate Captain
September 19, 2025
in Economy
Reading Time: 2 mins read
A A
0
Top Story: Tinubu Present N27.5 Trillion As 2024 Budget
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, announced that President Bola Tinubu has allocated N25 billion in the 2025 capital budget for healthcare initiatives in the FCT. This revelation comes amid criticisms and threats of protests from various sectors claiming neglect in favor of road infrastructure development.

Wike Addresses Sectoral Neglect Claims

Speaking at the groundbreaking ceremony for Arterial Road N1 from Wuye District to Ring Road II in Abuja on September 18, 2025, Wike firmly rejected allegations of sectoral neglect. He emphasized that the Tinubu administration is committed to balanced development across all sectors in the FCT. “No sector is being overlooked in our efforts to advance the FCT’s development,” Wike stated, dismissing threats of protests as attempts to derail the administration’s agenda.

AlsoRead

Naira Breaks Below N1,400 as Oil Rally and CBN Reforms Fuel Fresh Stability

Larger Disparities Boom Between Black Market and Official Rates

Emefiele’s Naira Redesign Memo Takes Centre Stage in EFCC Trial

Wike underscored his resolve, saying, “No amount of blackmail or opposition will deter me from doing what is right. President Tinubu is determined to transform Abuja, and I am fully prepared to support that vision.” He clarified that infrastructure projects, such as the road development, are designed to benefit FCT residents and boost economic growth, not for personal gain. “These roads are for the people of Abuja, positioning the city to compete globally,” he added.

Healthcare Investment Amid Ongoing Challenges

The N25 billion allocation for healthcare projects signals a significant commitment to improving medical infrastructure and services in the FCT. This move follows mounting pressure from resident doctors, who launched an indefinite strike on September 15, 2025, to protest unpaid salaries, delayed promotions, and deteriorating hospital conditions. The strike, led by Dr. George Ebong, President of the Association of Resident Doctors, FCT Administration (ARD-FCTA), highlighted demands for timely salary payments, release of the 2025 Medical Residency Training Fund, hospital renovations, and recruitment of additional medical staff.

The doctors’ action, reported by the News Agency of Nigeria (NAN), followed an unanswered seven-day ultimatum issued on August 28 and a warning strike on September 8. Their grievances include salary delays of up to seven months, erroneous deductions, unpaid hazard allowances, and stalled promotions for post-Part II Fellows.

Broader Development Vision

Wike’s announcement aligns with President Tinubu’s broader agenda to modernize the FCT’s infrastructure and services. Mrs. Nancy Nathan, Acting Head of Service of the FCTA, commended Wike’s efforts to enhance the territory’s infrastructure, noting significant progress in modernization projects.

The minister emphasized that the road projects, alongside healthcare investments, aim to improve residents’ quality of life and elevate Abuja’s status as a global city. “By completing these developments, Abuja will stand shoulder-to-shoulder with leading cities worldwide,” Wike said.

Looking Ahead

The allocation of N25 billion for healthcare projects is a step toward addressing critical issues in the FCT’s medical sector, particularly in light of the ongoing doctors’ strike. However, the success of these initiatives will depend on effective implementation and timely resolution of the resident doctors’ demands. As the Tinubu administration pushes forward with its development agenda, Wike’s firm stance against protests signals a commitment to maintaining focus on transformative projects for the FCT.

Tags: FCT
Previous Post

CBN’s Upcoming MPC Meeting: Experts Predict Modest Rate Cut of 25–50 Basis Points

Next Post

Nigeria’s Crude Oil Imports Surge as Dangote Refinery Transforms Trade Dynamics

Related News

Angola Surpasses Nigeria, Becomes Africa’s Largest Oil Producer in August

Naira Breaks Below N1,400 as Oil Rally and CBN Reforms Fuel Fresh Stability

by Akpan Edidong
February 5, 2026
0

Nigeria’s naira has strengthened markedly in the official foreign exchange market, closing January at N1,386.55 per US dollar  its firmest...

Naira Surges Against US Dollar, Falls Below N1,000 Mark

Larger Disparities Boom Between Black Market and Official Rates

by Stephen Akudike
February 5, 2026
0

The gap between Nigeria’s official and parallel (black market) exchange rates has widened to over 6%, reviving fears of renewed...

U.S. Steps In on Emefiele Trial, Alleges Human Rights Violations

Emefiele’s Naira Redesign Memo Takes Centre Stage in EFCC Trial

by Victoria Attah
February 5, 2026
0

A 2022 memo from former Central Bank of Nigeria (CBN) Governor Godwin Emefiele seeking presidential approval for the controversial naira...

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Government Securities Now 11% of Nigerian Banks’ Assets as Credit Growth Lags

by Stephen Akudike
February 4, 2026
0

Nigerian banks’ exposure to government securities has risen sharply in recent years, now accounting for approximately 11% of their total...

Next Post
OPEC – Nigeria’s oil production decreases to 972 tb/d

Nigeria's Crude Oil Imports Surge as Dangote Refinery Transforms Trade Dynamics

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Angola Surpasses Nigeria, Becomes Africa’s Largest Oil Producer in August

Naira Breaks Below N1,400 as Oil Rally and CBN Reforms Fuel Fresh Stability

February 5, 2026
Naira Surges Against US Dollar, Falls Below N1,000 Mark

Larger Disparities Boom Between Black Market and Official Rates

February 5, 2026

Popular Story

  • U.S. Steps In on Emefiele Trial, Alleges Human Rights Violations

    Emefiele’s Naira Redesign Memo Takes Centre Stage in EFCC Trial

    0 shares
    Share 0 Tweet 0
  • Naira Surges to N1,358.91/$ in Official Market, Strongest Level in Nearly Two Years

    0 shares
    Share 0 Tweet 0
  • Larger Disparities Boom Between Black Market and Official Rates

    0 shares
    Share 0 Tweet 0
  • Naira Breaks Below N1,400 as Oil Rally and CBN Reforms Fuel Fresh Stability

    0 shares
    Share 0 Tweet 0
  • MoMo PSB and fintech experts advocate collaboration for financial inclusion.

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>