N54tn budget: N’Assembly raises recurrent vote, cuts N500bn from capital spending

The National Assembly, on Tuesday, reviewed the 2025 budget, which was passed last week, reducing the capital expenditure component while raise the recurrent expenditure. The lawmakers said the review became necessary following some errors in the passed budget. Although the budget size remains N54.99tn, the capital expenditure was reduced by more than N500bn while the

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