- The development is coming two months after the budget was presented to the joint Chambers of the National Assembly on 18th December, 2024
Nigeria’s upper legislative chamber, the Senate, has passed the N54.9 trillion 2025 budget into law.
The appropriation bill was passed on Thursday during a plenary presided by the Senate President, Godswill Akpabio.
Earlier, the House of Representatives passed the ₦54.99 trillion 2025 Appropriation Bill. The ₦54.99 trillion budget is structured to address key national financial commitments.
The development is coming two months after the budget was presented to the joint Chambers of the National Assembly on 18th December, 2024
The sum of N47.9 trillion was presented to the National Assembly by President Bola Ahmed Tinubu.
The budget was subjected to legislative scrutiny in past weeks after which the lawmakers reviewed it from the initial sum of N47.9 trillion to N54.9 trillion.
More to come…
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