President Bola Tinubu signed Nigeria’s 2025 budget into law, amounting to N54.99 trillion, an increase from the previously proposed N54.2 trillion. The budget was passed by the National Assembly earlier this month, indicating a key financial planning initiative for the government.
President Bola Tinubu has officially enacted the 2025 Appropriation Bill, which was approved by the National Assembly, during a signing ceremony held at the State House in Abuja on Friday. The new budget amounts to N54.99 trillion, representing an increase of approximately 700 billion from the N54.2 trillion that was initially proposed by the president himself. This adjustment reflects Tinubu’s commitment to enhancing fiscal plans presented to lawmakers.
The 2025 budget signed by President Tinubu marks a significant financial commitment from the government with a total of N54.99 trillion approved by the National Assembly. This increase from the initially proposed budget demonstrates the administration’s efforts to adjust fiscal strategies to meet national needs.
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