Both chambers of the National Assembly have reversed the passage of the 2025 national budget earlier approved last week. Henzodaily reports the reversal by both the Senate and the House of Representatives is to effect corrections on some errors in line items under capital and recurrent expenditures. While the total budget size remains at ₦54.9 … Read more
The House of Representatives is poised to approve a budget of ₦54.9 trillion for the 2025 fiscal year, representing an increase of approximately ₦7 billion over the initial proposal. Henzodaily reports that of the total budget, ₦3.6 trillion is allocated for statutory transfers, ₦14.3 trillion for debt servicing, ₦13.6 trillion for recurrent (non-debt) expenditures, and … Read more
The National Assembly on Thursday passed the N54.9 trillion 2025 Appropriation Bill. This followed the adoption of the report of the Committee on Appropriations on the bill. The report was presented by Chairman of the Committee, Sen. Solomon Adeola (APC-Ogun). Highlights of the passed 2025 appropriation bill indicates an aggregate expenditure of N54.9 trillion, statutory … Read more
The House of Representatives on Thursday, passed a national budget of ₦54.9 trillion for the year 2025. Henzodaily reports the budget was passed following the presentation and submission of a report by the House Committee on Appropriations. Details later…
Some senators from the Senate Committee on Tertiary Institutions and Tertiary Education Trust Fund (TETFUND) have allegedly revealed how the monies obtained from universities and other tertiary institutions to pass their 2025 budgets were shared. Despite the National Assembly’s denial of extorting universities, some lawmakers have informed Premium Times that they received $1,000 as “appreciation … Read more
The Peoples Democratic Party (PDP), Ondo State chapter, has expressed concern over the silence of Governor Lucky Aiyedatiwa on the alleged padding of the 2025 budget. The party pointed out that the 2025 budget contains some scandalous items in the office of the Commissioner for Finance. Speaking via a statement by its Publicity Secretary, Kennedy … Read more
The House of Representatives has pledged to prioritise the interest of all Nigerians in increasing the 2025 budget from N49.7 trillion to N54.2 trillion. Deputy Spokesperson for the house, Rep. Philip Agbese (APC-Benue), said this in an interview with newsmen in Abuja on Friday. President Bola Tinubu had, in December 2024, presented the … Read more
The House of Representatives has pledged to prioritise the interest of all Nigerians in increasing the 2025 budget from N49.7 trillion to N54.2 trillion. Deputy Spokesperson for the house, Rep. Philip Agbese (APC-Benue), said this in an interview with newsmen in Abuja on Friday. NAN that President Bola Tinubu had, in December 2024, presented the … Read more
The House of Representatives has thrown its support behind President Bola Tinubu’s proposal to increase the 2025 national budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenue generated by key government agencies. The move comes after fresh earnings of ₦1.4 trillion from the Federal Inland Revenue Service (FIRS), ₦1.2 trillion from the Nigeria Customs … Read more
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The Civil Society Legislative Advocacy Centre (CISLAC) has expressed deep concerns over President Bola Ahmed Tinubu’s proposal to increase Nigeria’s 2025 budget from ₦49.7 trillion to ₦54.2 trillion. Henzodaily gathered that the centre describes the move as unprecedented and potentially unconstitutional. Speaking in Abuja on Thursday, CISLAC Executive Director, Auwal Musa Rafsanjani warned that the budget … Read more