President Bola Tinubu has formally written to the Senate, requesting an increase in the 2025 budget from N49.7 trillion to N54.2 trillion.
The letter was read during Wednesday’s plenary session by Senate President Godswill Akpabio.
According to the Senate President, the proposed increase stems from additional revenues as follows:
N1.4 trillion from the Federal Inland Revenue Service (FIRS)
N1.2 trillion from the Nigeria Customs Service
N1.8 trillion generated by other government-owned agencies
Senate President Akpabio directed the request to the Senate Committee on Finance and Appropriations for swift consideration, adding that the budget deliberation would be concluded and passed before the end of February.
Trending
- Zenith Bank Champions Cross-Border Investment, Trade Cooperation Between Canada and Africa
- I’m not ingrate like Aregbesola, will support Tinubu – Sunday Igboho
- Tinubu not afraid of Peter Obi, he’s not a nightmare – Presidency
- “My mother trained me from proceeds of the akara business” – Presidential aide
- ‘I Was Doing White-Collar Crime In America’ – Charly Boy Opens Up Foolish Mistakes
- State police: Nigerians have no faith in sincerity of Tinubu administration
- We’re Being Over Paid – Ndume Calls For Salary Reduction For Senators
- You Clearly Didn’t Read the State Police Bill — Akpabio’s Aide Fires Back at Obi
