N’Assembly approves record N54.99tn budget for 2025

The National Assembly has passed Nigeria’s 2025 national budget, amounting to N54.99 trillion. This represents a 99.96% increase from the 2024 budget of N27.5 trillion, marking the largest annual jump in recent years. President Bola Tinubu initially proposed a budget of N49.7 trillion but later requested an increase to N54.2 trillion before the National Assembly

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