President Bola Tinubu will present the 2025 budget to a joint session of the National Assembly next Tuesday, December 17, 2024

  • President Bola Tinubu will present the 2025 budget to a joint session of the National Assembly on December 17.
  • The budget presentation will take place at the House of Representatives’ chamber at 11 a.m.
  • Senate President Godswill Akpabio made the announcement during Thursday’s plenary session.

    President Bola Tinubu is set to present the 2025 budget to a joint session of the National Assembly next Tuesday, December 17, at 11 a.m. in the House of Representatives’ chamber. This announcement was made by Senate President Godswill Akpabio during Thursday’s plenary session .

    The budget presentation is a significant event, and senators will first gather in the Senate chambers before proceeding to the House of Representatives for the joint session. Notably, President Tinubu had earlier submitted the Medium-Term Expenditure Framework and Fiscal Strategy Paper for 2025-2027 to both the Senate and the House of Representatives .

    The proposed 2025 budget is estimated to be around N47.9 trillion, representing a 36.6% increase from the 2024 Federal Government of Nigeria’s aggregate expenditure estimate of N35.06 trillion .

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