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BREAKING: President Tinubu Postpones 2025 Budget Presentation

Tinubu had last month submitted the Medium-Term Expenditure Framework and Fiscal Strategy Paper for 2025–2027 to both the Senate and the House of Representatives last Tuesday.

by NewsOnline Nigeria
December 16, 2024
in Economy And Business, Headline
0
2025 Budget

2025 Budget

President Tinubu has postponed the 2025 budget presentation to joint NASS.

 

NewsOnline Nigeria reports that the N47.9tn 2025 budget presentation to the joint session of the National Assembly by President Bola Tinubu, earlier fixed for Tuesday, December 17, has been shifted to Wednesday, December 18.

 

Our correspondent in the Senate authoritatively gathered from top management staff of the National Assembly.

 

The insider source said an official statement on the postponement should be issued within the next few hours.

 

ALSO: EFCC Arrests 792 Foreigners Over Romance, Investment Scam In Lagos

 

The Senate President, Godswill Akpabio, had, during the announcement at the Thursday plenary, announced that President Tinubu will present the 2025 budget on Tuesday.

He said, “The president has made his intention known to the National Assembly to present the 2025 budget to the joint Assembly of the National Assembly on the 17th of December, 2024.”

 

Akpabio announced that the budget presentation will occur at the House of Representatives Chamber.

 

He further informed the lawmakers that plenary will be at 10:30 am to allow senators to meet in the Red Chamber before moving in procession to the House of Representatives chamber where the budget will be presented.

Tinubu had last month submitted the Medium-Term Expenditure Framework and Fiscal Strategy Paper for 2025–2027 to both the Senate and the House of Representatives last Tuesday.

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