President Bola Tinubu has signed the 2025 Appropriation Bill into law, approved by the National Assembly. The final budget is set at N54.99 trillion, an increase from the original proposal of N54.2 trillion. The signing ceremony took place at the State House in Abuja.
President Bola Tinubu has officially signed the 2025 Appropriation Bill into law during a ceremony held at the State House in Abuja on Friday. The National Assembly had previously approved a budget totaling N54.99 trillion, reflecting an increase of approximately 700 billion Naira from the initial proposal of N54.2 trillion that the president submitted. This adjustment follows a revision made by President Tinubu to accommodate lawmakers’ discussions and suggestions.
In conclusion, President Tinubu’s signing of the 2025 budget marks a significant step in Nigeria’s fiscal planning, with the National Assembly endorsing a budget that exceeds initial projections. This demonstrates ongoing discussions and revisions between the executive and legislative branches toward optimizing the nation’s financial strategy.
Original Source: www.premiumtimesng.com
