President Tinubu Arrives National Assembly To Present N47.96 Trillion 2025 Budget
President Bola Ahmed Tinubu has arrived at the National Assembly Complex in Abuja to present the 2025 appropriation bill.
The President is expected to present N47.96 trillion budget for the 2025 fiscal year to federal lawmakers as earlier approved by the Federal Executive Council (FEC).
Tinubu arrived the House of Representatives chambers, venue for the presentation in company of ministers, advisers and other top government officials with heavy security presence.
The President had on November 19, 2024, submitted the 2025–2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly which was approved ahead of today’s presentation.
The lawmakers approved the framework with an exchange rate of N1,400 to a dollar and adopted the oil prices of $75, $76.2, and $75.3 per barrel for 2025, 2026, and 2027 respectively.
The framework also has daily oil production fixed at 2.06 million, 2.10 million, and 2.35 million barrels for the three years.
📢 Follow National Periscope on WhatsApp
Get breaking news and updates directly on WhatsApp.
Join WhatsApp ChannelPost Disclaimer
All rights reserved. This material and other digital content on this website are not and do not represent the stance of National Periscope but the statements of newsmakers mentioned therein.
For your detailed news reportage... contact the Editor at Joel2oladele@gmail.com
Northern Group Tackles Dogara Over Alliance With Tinubu [caption id="attachment_12522" Read more
Ireti Kingibe Will Lose 2027 Senate Seat Over Poor Performance—Wike Read more
JOEL OLADELE, Abuja The maiden national convention of the Nigeria Read more
2027: I’ll Contest as President, Not Atiku’s VP – Peter Read more