House of Representatives Passes N54.99trn 2025 Appropriation Bill
The House of Representatives has officially passed the 2025 Appropriation Bill, totaling N54.99 trillion, marking a significant step in the fiscal planning for the year. The passage follows extensive review and input from key stakeholders, including Ministries, Departments, Agencies, and industry leaders. The Bill includes major allocations for debt servicing, statutory transfers, and capital expenditure, with an increased budget estimate reflecting additional revenue generation by government agencies. This move is seen as crucial to Nigeria’s economic growth and development under President Bola Tinubu’s administration.
