ANAMBRA POLICE ACTION ON THE CULT CLASH THAT RESULTED IN THE FATAL INJURY OF FOUR PERSONS AT AFOR NAWFIA MARKET. (PHOTO). #PRESS RELEASE
President Bola Tinubu has revised the proposed 2025 budget, raising it from ₦49.7 trillion to ₦54.2 trillion due to additional revenues generated by key government agencies.
In letters addressed to both the Senate and the House of Representatives, which were read during Wednesday’s plenary by Senate President Godswill Akpabio, Tinubu explained that the increase was driven by:
₦1.4 trillion from the Federal Inland Revenue Service (FIRS),
₦1.2 trillion from the Nigeria Customs Service, and
₦1.8 trillion from other government-owned agencies.
Following the announcement, Akpabio referred the request to the Senate Committee on Appropriations for urgent review, assuring lawmakers that the budget would be finalized and passed before the end of February.
More details to follow…
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