Tag: 2025 Budget
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Just in: Tinubu jacks up proposed 2025 budget from N49.7trillion to N54.2trillion
President Bola Ahmed Tinubu has increased the proposed total budget size for 2025 from N49.7trillion he presented to the joint session of the National Assembly on December 18, 2024 to N54.2trillion . President Tinubu announced an increase in the proposed budget size through separate letters forwarded to both the Senate and the House of Representatives…
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Efforts underway to transmit 2025 budget to Tinubu promptly – Akpabio
Senate President, Godswill Akpabio, has assured Nigerians that the 2025 budget will be transmitted to President Bola Tinubu for assent as soon as it is passed into law.
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2025 budget: Tinubu reveals reason for allocating N940bn to TETfund
The Federal Government says it has allocated N940.5 billion to the Tertiary Education Trust Fund (TETFund) in the 2025 fiscal year, to enhance manpower and infrastructure development in the education sector.
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PH chamber of commerce explains Rivers 2025 budget
The Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) has given its breakdown of the Rivers’ 2025 budget.
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House of Reps ready to pass 2025 budget – Deputy spokesman
The House of Representatives has thoroughly reviewed the N49.70 trillion 2025 Appropriation Bill submitted to the National Assembly by President Bola Tinubu the Deputy Spokesperson, Rep. Philip Agbese (APC-Benue), has said. In an interview with newsmen in Abuja on Tuesday, Agbese
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Rep dismisses alleged N480m request for approving varsities’ 2025 budgets
The Chairman, House of Representatives Committee on University Education, Rep. Abubakar Fulata (APC-Jigawa), has dismissed media reports alleging that lawmakers demanded N480 million as condition for approving some varsities’ 2025 budgets. Addressing newsmen on Tuesday in Abuja, Fulata said that the allegation was designed to undermine the
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Regional development agencies as a farce – By Pius Mordi
Under the 2025 budget estimate of N47.90 trillion, the federal government has set aside the sum of N4.26 trillion as statutory transfers to newly established development commissions for various regions in the country.
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Badagry-West LCDA presents N6.89b 2025 budget
The Chairman of Badagry-West Local Council Development Area in Lagos State, Mr Joseph Gbenu, on Tuesday presented a budget estimate of N6.89 billion for 2025 fiscal year to the council legislators. NAN reports that the budget is tagged “Budget of Consolidation”.
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Reps recommend increased funding for Navy
The House of Representatives Committee on Navy has recommended that the Nigerian Navy receive improved funding to protect the country’s waterways, rather than establishing a Coast Guard.
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2025 budget: Umahi rejects allocation for Ministry of Works
The Minister of Works, Mr Dave Umahi, says the N800 billion allocated to the ministry in the 2025 budget is inadequate to address the country’s road infrastructure needs.