Bearing any last minute change of plan, President Bola Tinubu will be presenting the 2025 budget proposal to the National Assembly today, Wednesday 18 December 2024.
Already, security at the National Assembly Complex has been beefed up, awaiting the president.
The president is presenting a N47.96 Appropriation Bill to a joint session of the Senate and House of Representatives.
Armed policemen have been dispatched and stationed at key entry points, including the Main Gate (MOPOL), Villa Gate, and Annex Gates.
Only those with proper accreditation were granted access, though the accreditation process remained smooth and incident-free despite the tense atmosphere.
The usually lively complex was unusually quiet, with human and vehicular movement significantly restricted.
The foyer and corridors, typically bustling with activity, were largely deserted as preparations were made for the president’s arrival.
The president is expected to present 2025 budgetary estimates of N47.96 trillion to the National Assembly.
Minister of Budget and Economic Planning, Atiku Bagudu, had said the 2025 budget framework was based on oil price benchmark of $75 per barrel, oil production capacity of 2.06 million barrels per day and an exchange rate of one N1,400 to a dollar.
