Tinubu Seeks N4.5 Trillion Increase in 2025 Budget
President Bola Tinubu has asked the National Assembly to increase the 2025 budget from N49.7 trillion to N54.2 trillion. Tinubu, in a letter read during yesterday’s plenary in both chambers, said the proposed increase arose from the N1.4 trillion additional revenues made by Federal Inland Revenue Service, N1.2 trillion generated by Nigeria Customs Service and […]
President Tinubu Presents N49.7 Trillion 2025 Budget to National Assembly
President Bola Tinubu has presented a budget of 49.7 trillion naira to a joint Session of the National Assembly for the 2025 fiscal year dubbed “Restoration Budget: Securing Peace, Rebuilding Prosperity”. President Tinubu said his administration projects to raise 34.82 trillion naira to fund the budget, with 15.81 trillion naira billed to go for debt […]
FEC Approves N47.9 Trillion 2025 Budget
The Federal Executive Council (FEC) has approved N47.96 trillion budget proposals for 2025 with President Bola Tinubu ordering some amendments after its presentation to the Council by the Budget Office. Briefing State House correspondents after the FEC meeting at the Presidential Villa, Abuja, Sen. Abubakar Bagudu, Budget and Economic Planning Minister, said that the proposal […]
Lagos State government to present 2024 budget on Wednesday
Gov. Babajide Sanwo-Olu of Lagos State will on Wednesday, present the 2024 budgetbefore the Lagos State House of Assembly. The Commissioner for Information and Strategy, Mr Gbenga Omotoso, said in a statement that the Appropriation Bill would highlight the details of planned capital projects. Omotoso said the Appropriation Bill would also highlight the details of […]
PDP describes the N27.5 trillion budget for 2024 as huge disservice
The People’s Democratic Party (PDP) has described the N27.5 trillion budget for 2024 fiscal year, as a “huge disservice”, which if allowed to pass, will further asphyxiate Nigerians and plunge the country into more economic depression and hopelessness. The PDP, in a statement on Wednesday, signed by its National Publicity Secretary, Hon. Debo Ologunagba, also […]
Pres Buhari Signs 2023 Budget
President Muhammadu Buhari has signed the 2023 Budget of N21.83 trillion along with the 2022 Supplementary Appropriation Bill into law. Speaking yesterday at the signing of the eighth and final annual budget of this Administration, in Abuja, the President said the aggregate expenditures of N21.83 trillion, is an increase of N1.32 trillion over the initial […]
