The National Assembly has passed the ₦54.99trn 2025 Appropriation Bill in their separate plenary sessions.
Our correspondent, Raliat Adenekan reports that the Senate President, Godswill Akpabio, stated that the Key Budget Allocations include Statutory Transfers: N3.65 trillion, Recurrent (non- debt) Expenditure: N13.64 trillion, Capital Expenditure: N23.96 trillion, Debt Servicing: N14.32 trillion, Fiscal Deficit: N13.08 trillion and Deficit-to-GDP Ratio: 1.52%.
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