 The Chairman of House Committee on Federal Capital Territory, Honourable Mukhtar Bhattara, has charged Chairman of the FCT Area Council to base up in terms of project executions in their jurisdictions. Bhattara gave the charge when the FCT Minister Nyesum Wikia appeared before the House Committee on FCT to defend the 1.1 trillion-dollar budget of the FCT. The lawmaker raised concerns that, despite the monthly allocations given to the area councils, there was little or nothing to show for it in terms of critical infrastructure development. Members should realize FCT oppresses different from states. Allocations for councils are given to them 100%. The Minister doesn't hold any monies for councils. If the grant is 300 billion, he pays them 300 billion every month. That is what we are supposed to understand. FCT don't keep one Naira for councils. When monies are given to them, at least they should work with that monies given to them. Roads, if you go to area councils today, there's no roads. All monies given to them, that's what I'm telling the Chairman of the area council. I said you have to go into oversight, go and check them, check their books. That's the work of area council committee. You are giving them monies, nothing to show. They come into the main city, they collect revenues, we give them 10% nothing to show. And in our budget again, we are still giving them projects. Projects over 100 billion now is going to cost 200. Meanwhile, we here requested the House of Representatives to grant him the power to arbitrarily spend funds, although the controversial security vote scheme. It says the security vote will help him tackle the insecurity currently ravaging the nation's capital. The budget defence was not all that smooth sailing as some law makers criticised the plan to borrow 500 billion Naira from commercial banks, describing it as expensive. The idea of about 16 billion, today when it comes to 25 billion, knows that this money there is not going to be paid goes on doing his job. Now he doesn't take that note, he doesn't depend on the idea. What we will do is to be sure of this company 500 billion, to this company 100 billion, to this one, and then on the day we have achieved that, nothing. And you have talked here about the government and the council. You know, a lot of things like that. How much do you want to collect revenue? I'm not for it. Who gives the city credit? Commercial bank loans are usually a short time in general, and they come with higher costs. If we look at the present MPR, which is the central bank bill out recently, the effective MPR as of today is about 22.75%. So if you take that to the commercial banks, you end up having, conservatively, a rate that is not lower than 25%. So how we think, as a finance person, that if we look at the capital market, it would be better in terms of management for FCT. So I think it's something that we need to look back. Maybe because of the exigencies to end the audience, to complete the project, we could start by taking the commercial bank loan, but look at the possibility of taking the capital market loan so that you end up defraining the commercial bank loan. So it's what I've observed and I said that you could.