- The National Assembly may pass the N49.7 trillion 2025 budget this week, according to the Senate.
- The Senate Committee on Appropriations is expected to submit its final report on Tuesday.
- The budget’s passage depends on the report and exhaustive debate by the Senate.
The National Assembly is poised to pass the N49.7 trillion 2025 budget this week, according to the Senate. The Chairman of the Senate Committee on Media and Public Affairs, Yemi Adaramodu, expressed optimism about the budget’s passage, citing positive feedback from the Appropriation Committees of both the Senate and the House of Representatives.
The Senate Committee on Appropriations is expected to submit its final report on Tuesday, marking a significant step towards the budget’s approval. Adaramodu noted that the Senate will thoroughly debate the budget report, ensuring that all aspects are carefully considered.
The passage of the budget is contingent upon the report and exhaustive debate by the Senate. Adaramodu emphasized that the Senate aims to be thorough in its review, avoiding the need for supplementary budgets.
While Adaramodu did not rule out the possibility of increasing the proposed budget, he stressed that any changes would depend on the merit of the report and the revenue generated by the federal government.