President Bola Ahmed Tinubu has presented the 2025 Appropriation Bill (budget) to a joint sitting of the National Assembly.
Naija News reports that the president presented the 2025 budget to the National Assembly on Wednesday.
President Tinubu tagged the 2025 Appropriation Bill as ‘Budget of restoration securing peace and building prosperity.’
Senate President Godswill Akpabio and Speaker of the House of Representatives Abbas Tajudeen presided over the joint session.
Recall that the Federal Executive Council (FEC) had approved an estimated expenditure of ₦47.96 trillion for the 2025 fiscal year on Monday.
The budget, which will focus on infrastructure development, fiscal consolidation, and social investment programs, outline the administration’s spending priorities for the upcoming year.
Lawmakers will now scrutinize the budget and its allocations, particularly in the context of the administration’s ongoing economic reforms.
President Tinubu highlighted key areas such as healthcare, education, security, and infrastructure, while addressing concerns about inflation, unemployment, and the high cost of living.
More details to come…
