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National Assembly Passes N54.9 Trillion 2025 Budget

The Senate and House of Representatives have approved the N54.9 trillion 2025 budget presented by President Bola Ahmed Tinubu. The budget allocates:…

National Assembly Passes N54.9 Trillion 2025 Budget

The Senate and House of Representatives have approved the N54.9 trillion 2025 budget presented by President Bola Ahmed Tinubu.

The budget allocates:

  • N3.64 trillion for statutory transfers
  • N14.31 trillion for debt servicing
  • N13.06 trillion for recurrent expenditure
  • N23.96 trillion for capital projects

The bill now awaits presidential assent to become law.

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