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Tinubu to present 2025 budget next week Tuesday

Houses, scholarships for families of slain soldiers

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President Bola Ahmed Tinubu, will on Tuesday next week, present the 2025 Appropriation Bill before a Joint Session of the National Assembly.

Senate President Godswill Akpabio made the announcement during plenary on Thursday.

Akpabio said senators would first converge in the Senate chambers before proceeding to the Chamber of the House of Representatives for the joint session.

The Senate only last week passed the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

It also approved the expenditure framework with a total spending of N47.9 trillion for 2025 and a new borrowing plan of N9.22 trillion for domestic and foreign borrowings.

The Red Chamber directed that the National Assembly, through its Committees on Finance, National Planning and other relevant committees, carry out in-depth investigation into Public Private Partnership (PPP) and Joint Venture Agreements (JVAs) “considered inimical to the revenue growth of the country” by the NNPCL, NLNG, and Immigration Services with a view to reconciling remittances to the Federation Account.

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