President Bola Tinubu has defended his administration’s decision to remove the Federal Capital Territory Administration (FCTA) from the Treasury Single Account (TSA).
According to Tinubu, the move has unlocked the financial flexibility needed to fast-track critical infrastructure projects and transform Abuja into a modern capital city.
Tinubu, on Monday, stated that critics questioned the decision when it was taken, but insisted that the visible transformation across the Federal Capital Territory had vindicated the policy.
“When we pulled the FCT Administration out of the Treasury Single Account (TSA), there were skeptics. There were those who questioned the wisdom of that financial liberation. But we did it because we knew that local administration must have the liquidity, the speed and the corporate flexibility to interface with financial institutions and deliver critical projects without bureaucratic strangulation. Today, the results are glaring,” Tinubu said.
President Tinubu, who was represented by the Secretary to the Government of the Federation (SGF), Senator George Akume, spoke while commissioning 10 units of four-bedroom staff quarters at the Nigerian Law School, Bwari, Abuja.
Tinubu credited the FCT Minister, Nyesom Wike, with translating the policy into tangible projects, saying the minister had gone beyond road construction to strengthen key institutions of justice and governance.
He praised Wike for resolving the Nigerian Law School’s long-standing land title challenge by facilitating the issuance of its Certificate of Occupancy after years without formal documentation.
“When I appointed Minister Wike, I gave him a clear mandate to transform Abuja into a modern, functional and world-class capital city. Over the last three years, the scale of infrastructural development, urban renewal and project delivery in the FCT has been unmatched,” he said.
Tinubu said providing decent accommodation for Law School staff was essential to producing competent legal professionals, stressing that “we cannot build a world-class legal system with dilapidated infrastructure.”
He said the newly commissioned staff quarters represented only the first phase of broader investments in the institution, revealing that the Federal Government is funding a new auditorium, constructing additional student hostels and digitising the Law School’s academic and administrative operations.
He disclosed that the Federal Government is funding a new auditorium, additional student hostels and the digitisation of the Law School’s academic and administrative operations, while similar interventions are underway across the justice sector, including the construction of the Abuja Division of the Court of Appeal, magistrates’ courts and residential quarters for judges.
The President said his administration was deliberately strengthening the institutions that sustain democracy rather than merely erecting physical structures.
He maintained that the projects demonstrated the government’s resolve to translate promises into tangible results through sustained investment in key national institutions.
“We promised not just to govern, but to reform. We promised to rebuild the broken structures of our institutional foundations,” Tinubu said.
