2025 Budget: Debt Servicing, Salaries take N24.8tn The Federal Government plans to spend N8.52tn (inclusive of government enterprises) on personnel and pension costs for federal workers next year, an analysis of the 2025 Appropriation Bill has shown. This amount is an increase of N3.17tn or 59.16...

2025 Budget Scales Second Reading The 2025 Appropriation Bill and the Bill to extend the 2024 capital component to June 30, 2025 have scaled second reading before the House of Representatives. The two bills were passed after contributions and observations by members at the plenary on...

Tinubu’s 2025 Budget Proposal Targets N1,500/$ Exchange Rate, 15% Inflation Rate   President Ahmed Bola Tinubu presented the proposed 2025 budget to the joint session of the National Assembly on Tuesday. The Budget is built on key assumptions, including an exchange rate of N1,500 to the...

Presidency Allocates N15bn For SUVs, Car Tyres, Office Complex in 2025 Budget   The State House has allocated N15.09 billion in the 2025 Appropriation Bill for the procurement of tyres for bulletproof vehicles, SUVs, operational vehicles, and other cars. This also include the construction of an office...

2025 Budget: FG Earmarks N10.04tn for Infrastructure, Health, Education President Bola Tinubu on Wednesday revealed that the administration is earmarking N4.06tn, N2.48tn and N3.5tn for Infrastructure, health and education respectively for the 2025 fiscal year. This is also as defence and security will get N4.91tn. Tinubu said...

Tinubu Presents N47.9tn 2025 Budget to NASS President Bola Tinubu is presenting a 2025 budget estimate of N47.9tn to a joint session of the National Assembly (NASS). Lawmakers from the House of Representatives and the Senate were seated on Wednesday as the President presented his second...